WB Provides Additional Financing For Lao PDR Disaster Recovery

(KPL) Two World Bank projects, currently helping the Lao PDR to build climate resilient infrastructure and respond to flood-affected areas of the country, will receive additional financing totaling USD$50 million.

Financing will become available through a special Crisis Response Window allocation from the International Development Association (IDA), the World Bank Group’s fund for the world’s most in-need countries, approved March 11 by the World Bank’s Board of Executive Directors.

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