ODA management project approved

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Hanoi Times English - 28 month(s) ago 5 readings

The Hanoitimes - Prime Minister Nguyen Tan Dung has approved a project to attract, manage and utilize official development assistance (ODA) and other preferential loans from donors in the 2011-2015 period.

The Hanoitimes - Prime Minister Nguyen Tan Dung has approved a project to attract, manage and utilize official development assistance (ODA) and other preferential loans from donors in the 2011-2015 period.

Project costs will be paid through the Ministry of Planning and Investment’s estimated budget according to the State Budget Law.

The project illustrates the Vietnamese Government’s efforts to comprehensively define Party and State guidelines and policies for attracting, managing and using ODA and other preferential loans in the country's new context as a middle-income developing nation.

The three-part project includes creating policies for revamping institutions, and managing and implementing activities related to attracting and disbursing ODA and preferential loans, aiming to increase the effectiveness of these capital sources to support the national five-year strategy for 2011-2015 and the ten-year socio-economic development strategy for 2011-2020.

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