WB Director vows loans to Viet Nam until 2017

The World Bank (WB) will continue providing preferential loans for Viet Nam between now and 2017, WB Country Director in Viet Nam Victoria Kwakwa told National Assembly (NA) Vice Chairwoman Nguyen Thi Kim Ngan in Hanoi on July 23.

NA Vice Chairwoman Nguyen Thi Kim Ngan receives WB Country Director in Viet Nam Victoria Kwakwa (Source: VNA)


The WB attaches importance to cooperation with Viet Nam, Kwakwa said, adding that its success in stabilising the macro economy will be a lesson for countries worldwide.

She hailed the NA for adopting several laws and resolutions, including a resolution on promoting sustainable poverty reduction by 2020, which she said reflects the Vietnamese government’s commitment in this regard.

The guest also vowed to work closely with Vietnamese ministries and agencies to better health care and education services, especially in ethnic minority areas.

Joint efforts will be made to improve the disbursement of the WB loans in Viet Nam , she said.

For her part, Vice Chairwoman Ngan spoke highly of the WB’s cooperation with and support for Viet Nam over the past time, especially in infrastructure development, poverty reduction, realisation of Millennium Development Goals, international economic integration and technology transfer.

Appreciating the Viet Nam-WB national strategic partnership strategy in the 2012-2016 period, Ngan assured Kwakwa that Viet Nam always treasures the WB’s official development assistance and is determined to speed up its disbursement.

She suggested the WB continue to help Viet Nam in policymaking via its experience in economic restructuring and loan access.-VNA

 

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