World Bank bolsters Vietnam’s inclusive bet88 nhà cái đến từ châu âu sustainable economic recovery

A 3.9-million International Development Association credit for Vietnam was approved on June 29 by the World Bank Board of Directors, aiming to bolster the country’s efforts to achieve an inclusive, green, bet88 nhà cái đến từ châu âu digitally-driven economic recovery with reforms aimed at supporting households, businesses, bet88 nhà cái đến từ châu âu the expansion of renewable energy.

“Reforms supported by this credit will strengthen Vietnam’s ongoing recovery from Covid-19 bet88 nhà cái đến từ châu âu subsequent commodity price shocks, while paving the way for more inclusive, greener, bet88 nhà cái đến từ châu âu digital-friendly development,” said Ms. Carolyn Turk, World Bank Country Director for Vietnam, noting that the World Bank looks forward to working with the government to implement these reforms bet88 nhà cái đến từ châu âu support Vietnam to achieve its development goals.

The new credit marks the second bet88 nhà cái đến từ châu âu final installment in a Development Policy Financing (DPF) series of two operations, following a 1.5 million operation approved in 2021.

While the impact of this operation is expected to fully materialize by 2024, the DPF series has already supported significant achievements. More than 140,000 businesses received tax support through a tax relief package in 2021. More than 85,000 children have received subsidized childcare, which has promoted gender equality in the workplace. Government services available online have doubled.

Going forward, the institutional bet88 nhà cái đến từ châu âu policy reforms supported by this operation will facilitate business recovery by enhancing the tax environment, supporting the financial inclusion of vulnerable households, bet88 nhà cái đến từ châu âu increasing access to quality childcare services.

To further spur green bet88 nhà cái đến từ châu âu digital development, the reforms supported by the DPF focus on procurement, digitizing public administration, scaling up renewable energy, bet88 nhà cái đến từ châu âu bolstering the financial sustainability of the power sector. Moreover, reforms supported by this operation are expected to further improve public service delivery to households bet88 nhà cái đến từ châu âu businesses.