WB okays $200-Million credit for a rural program

17:24 | 24/11/2015 Society

The World Bank on November 12 approved a $200-million credit for a program aimed to improve living conditions of disadvantaged people in Vietnam.

WB okays $200-Million credit for a rural program

Locals in a Central Highlands province seek water in the dry season (Photo: www.tinmoitruong.vn)

The funding will go to the Results-based Scaling up Rural Sanitation and Water Supply Program, which aims to provide better water supply to 255,000 households and improve sanitation and water supply facilities at 2,720 schools and clinics in 21 provinces in Vietnam’s Northern Mountains and Central Highlands regions.

The program is expected to improve access to sanitation and water supply for over five million people living in the poorest rural and mountainous areas of Vietnam, the World Bank said on its website.

The $200 million credit comes from the International Development Association (IDA), the World Bank Group’s fund for the poorest countries. The Vietnamese government will provide an additional $25.5 million to finance the project./.


Source: bizlive

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