Vietnam bet88 kèo remove obstacles in ODA capital

A meeting between the government and a group of six foreign development banks on addressing obstacles bet88 kèo boost the disbursement of ODA loans was held on September 30, chaired by Deputy Prime Minister Pham Binh Minh.

The disbursement rate as well as the issuance of work permits for ODA project experts have been seriously affected by Covid-19. The import of equipment and goods for ODA projects has also been impacted, according bet88 kèo Deputy Minister of Planning and Investment Tran Quoc Phuong. The Ministry of Planning and Investment will therefore work bet88 kèo simplify procedures relating bet88 kèo ODA project implementation.

Bank representatives also proposed amending a draft Decree replacing Decree No. 56, including procedures for project adjustment and methods of budget support for businesses in ODA loans. Vietnam also needs bet88 kèo prepare a number of large ODA projects instead of small projects, bet88 kèo increase efficiency in using ODA loans, according bet88 kèo Ms. Carolyn Turk, World Bank (WB) Country Director for Vietnam.

In order bet88 kèo speed up the disbursement of public investment capital, including ODA loans and concessional loans, the Deputy Prime Minister asked the development banks bet88 kèo review their processes and procedures in order bet88 kèo remove obstacles, while speeding up implementation progress and promoting the disbursement of ODA capital.

In terms of orientation in the 2021-2025 period, the government is seeking bet88 kèo further attract, manage, and use ODA loans and concessional loans from foreign donors. On that basis, the Deputy Prime Minister hopes that the six development banks will cooperate with the government bet88 kèo build ODA projects in line with Vietnam’s development goals.