Disbursed ODA capital in H1 reaches 18pct of yr’s plan

As reported by the Ministry of Finance (MoF), the total ODA (official development assistance) capital value of ODA programs and projects signed in the first six months of this year reached $293,270 (5.8 billion dong).
MoF has been managing and carrying out 20 ODA programs and projects. The total actually disbursed value of projects reached nearly 154 billion dong, or 18% of the year’s plan.

The disbursement on financial management and public management sectors reached the highest ratio.

The disbursement ratio from World Bank-funded projects reached 8% and disbursement from finances of Sweden government, Denmark, Canada, Netherlands through projects in 2009-2014 reached only 9%.

The actualized ODA capital from the non-refundable aid of the UK Department for International Development (DFID) for public financial management reform project reached the highest disbursement (106%), exceeding the approved plan. – Vietbiz24

Tags:

Posted by VBN on Sep 20 2011. Filed under Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Gold futures drop by as much as $36 an ounce
  • Gold price drivers: Currency debasement and interest rates
  • Australian Bullion Exchange goes for gold
  • European central banks became net buyers of gold for the first time
  • No new oil belt detected from ConocoPhillips platforms in Bohai Bay
  • Bank’s credit card bills found dumped
  • Local government bonds to instill ‘debt discipline’ – Moody’s
  • New home sales halve during first 18 days of September

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.