US $165 mil. on poverty reduction in Northern mountainous region
VGP – The Government chief recently approved the outcomes of negotiations for a financial agreement and relevant legal documents between Việt Nam and the World Bank (WB) on poverty reduction.
April 12, 2010 5:14 PM GMT+7
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The Government chief entrusted the Governor of the State Bank of Việt Nam to ink these documents with the WB.
Meanwhile, the Ministry of Planning and Investment, in collaboration with relevant agencies and People’s Committees of concerned provinces will early conduct the project.
The project will be implemented in six northern mountainous provinces of Lào Cai, Yên Bái, Hòa Bình, Sơn La, Điện Biên and Lai Châu.
In the first stage of the Project, 68,000 households living in Phú Thọ, Lào Cai, Yên Bái, Sơn La, Hoà Bình, and Bắc Giang, were direct beneficiaries. The project also helped to better socio-economic infrastructure for agricultural productivity and local employment.
By Khánh Phương
