Vietnam Disburses $1.1 Bln ODA, Targets $2 Bln This Year-Ministry

8:44:19 AM | 7/8/2008

Vietnam disbursed US$1.1 billion of official development assistance (ODA) in the first half this year, accounting for 58 per cent of the year&rsquos target, the Ministry of Planning and Investment.
 
The figure included US$970 million soft loans and US$130 million of non-refundable aids, which was out of US$1.3 billion ODA pledged in agreements with donors, the ministry said.
 
This year, the Asean country targets US$2 billion ODA disbursement to include US$250 million grants, the agency said.
 
Vietnam is fore to have US$1.3 billion in ODA pledged by donors by the of the year with US$152 million grants and soft loans of US$1.19 billion. (VNA)