Deputy PM chairs meeting on use of WB, ADB loans

Deputy Prime Minister and Foreign Minister Pham Binh Minh chaired a meeting in Hanoi on Wednesday to review and accelerate the launch of 26 projects using loans from the World Bank (WB) and the Asian Development Bank (ADB) for 2017-2018.

Deputy PM Minh, who is also head of the National Steering Committee on ODA and preferential loans, asked the State Bank of Vietnam to collect the opinions of ministries, agencies, and localities about projects to be submitted to the relevant decision makers. The Ministry of Planning and Investment was asked to make a list of approved projects using foreign loans that are absent from the medium-term public investment plan, to ensure that the loans are fully utilized.

The 26 projects cover infrastructure upgrading, tertiary education improvement, urban development, new-style rural construction, the grassroots medical network, and more efficient use of water in drought-hit provinces.

Source: VOV5

[related_post themes="text" id="21735"]