Vietnam Targets to Disburse US$3B in ODA This Yr: MPI
The Ministry of Planning and Investment (MPI) has estimated that Vietnam will disburse US$3 billion in official development assistances (ODA) this year, more than projected at US$2.2 billion.
That sum will include US$350 million of financial support by the World Bank and US$500 million of the Asian Development Bank for overcoming the economic downturn, the MPI was quoted by the Vietnam Investment Review as saying.
In the first half, ODA disbursements rose 9% from a year ago to US$1.27 billion.
International donors have pledged US$20 billion in ODA for Vietnam, which has not been disbursed so far, much higher than the country’s US$8 billion stimulus packages, the MPI added. (VIR)
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