Multilateral development assistance

VIENTIANE (Vientiane Times/ANN) – The International Monetary Fund (IMF) will continue to support Laos in its aims to strengthen financial administration.More ...

(KPL) Ministerial delegates from the Mekong River Commission (MRC) Council on Wednesday reaffirmed the organization’s reform commitment and regional relevance as it agreed on key issues, including the endorsement of the selected candidate for the MRC Secretariat’s second riparian Chief Executive Officer and the annual ...

Better roads to ease access to tourist hotspots, improved urban water supplies and sewage treatment are among the sweeteners revealed in the announcement of funds totalling $125.5 million for three projects in the tourism and urban sectors announced by the Asian Development Bank (ADB) and the Lao Government.More ...

The Lao government, Asian Development Bank (ADB) and World Bank (WB) jointly opened the floor for discussion in Vientiane yesterday on ADB and World Bank-funded projects in Laos.More ...

Addressing world leaders at the Assembly’s general debate, Saleumxay Kommasith added that priority must be accorded to least developed and land-locked developing countries given their added vulnerabilities. There countries were also at an added disadvantage due to the impact of climate change, which hit them ...

The World Bank has approved US$13 million to promote reforms to the business environment in Laos and to reduce the number of days needed to start a business.More ...

The government has awarded a Friendship Medal to World Health Organisation (WHO) Representative to Laos, Dr Juliet Fleischl, in recognition of achievements during her mission in Laos.More ...

The Asian Development Bank (ADB) has approved a grant of US$48 million to help improve urban environmental services and enhance economic connectivity in Pakxan district of Borikhamxay province and Thakhaek district of Khammuan province in Laos.More ...

(KPL) IFC, a member of the World Bank Group, is accelerating its support to the Lao government in improving the climate for investment and doing business in the country. A more predictable and transparent business environment will help attract more foreign direct investment (FDI), generate ...

The Asian Development Bank (ADB) and the Government of the Lao People’s Democratic Republic (Lao PDR) signed an agreement yesterday for a $40.5 million grant for the Climate-Friendly Agribusiness Value Chains Sector Project that will help farmers and agribusinesses develop sustainable and climate-smart agriculture value chains in the country.More ...