Multilateral development assistance

WASHINGTON, December 2, 2019 – The World Bank’s Board of Executive Directors today approved $22.5 million in additional funding for the Poverty Reduction Fund, one of the Lao PDR Government’s main vehicles to address rural poverty.The additional funding will support agriculture-related activities under the government’s National ...

VIENTIANE (Vientiane Times/ANN) – Laos will continue to work with its development partners, including the International Labour Organisation (ILO), to advance social justice and promote decent work for all.An event held in Vientiane on Saturday to mark the ILO Centenary and 55th anniversary of Laos’ ...

(KPL) Champassak Governor Bounthong Divisay received in Champassak Province on Nov 6 a courtesy call for Country Director of Asian Development Bank  (ADB) to Laos, Mr Yasushi Negishi.Mr Yasushi Negishi and his delegation as well as local media are on a working visit to Champassak ...

VIENTIANE (Vientiane Times/ANN) – The Asian Development Bank (ADB) has provided three new loans worth US$140 million to develop the agriculture and education sectors and for public finance management.The agreements were signed on Wednesday by the Deputy Minister of Finance, Mr Bounchom Oubonpaseuth, and ADB’s ...

The Ministry of Agriculture and Forestry and UN agencies in Laos on Wednesday kicked off events to mark World Food Day and International Day and National Week for the Eradication of Poverty at Lao-ITECC.The government, in cooperation with development partners, is marking the two important ...

(KPL) As part of the Partnership to Strengthen the Education System (PSES), the European Union (EU) and UNICEF handed over to the Ministry of Education and Sports (MoES) equipment for a total value of US$ 121,000, including 40 motorbikes, 62 desktop computers and three laptops. The ...

The government has become a party to the United Nations Convention on Contracts for International Sales of Goods, hoping to use the law to protect its international trade interests.Minister of Foreign Affairs Mr Saleumxay Kommasith on September 26 presented the letter from the government to ...

(KPL) The United Nations Development Programme (UNDP) in the Lao PDR has launched Accelerator Lab with a global network of 60 labs serving 78 countries.A fast-paced world, climate change and development challenges demand re-imaging our approaches in order to provide solutions that plug into the needs of ...

VIENTIANE (Vientiane Times/ANN) – The International Fund for Agricultural Development (IFAD) plans to approve significant new financial assistance to implement a project in rural areas focusing on boosting commercial production.The project, as part of ongoing assistance, will run from 2020-2026 at a cost of US$30 ...

VIENTIANE (Vientiane Times/ANN) – A senior United Nations official is visiting Laos with the goal of enhancing the UN-Laos partnership in maintaining food security, generating employment in rural areas, and mitigating the effects of climate change in rural areas.  As part of their mission, the President ...