Vietnam ODA Disbursements Rise 11% to $1.41B in Jan-Jun: Ministry
Disbursements of official development assistance (ODA) in Vietnam rose 11% from a year earlier to $1.41 billion in the first half of this year, the Ministry of Planning and Investment (MPI) said.
Of the sum, loans accounted for $1.31 billion and non-refundable aid made up the rest of $100 million, the ministry added.
The Southeast Asian country targets to disburse $3.5 billion in ODA in 2010 against the record high $4.1 billion in 2009, according to the ministry.
At the CG Meeting held in Hanoi late last year, foreign donors pledged a record of $8.063 billion in aid for the nation this year.
Vietnam disbursed $9.81 billion in ODA between 2006 and 2009, accounting for 41% of total pledged ODA. The figure is forecast to rise to $12.96 billion by end-December this year. (MPI)
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