ADB Grant to Further Build on Rural Infrastructure Gains in Lao PDR
The Asian Development Bank (ADB) has approved a $36.5 million grant as additional financing to the Northern Rural Infrastructure Development Project in Lao People’s Democratic Republic (Lao PDR).
– ADB
Hungary to initiate major credit aid for Laos
Laos is expected to receive the biggest ever fixed aid credit programme worth US$160 million from Hungary to develop a food safety system, water management and information technology.
— Vientiane Times
SDGs’ Incorporation in National, Local Plans Discussed
Over 100 representatives from the Ministry of Foreign Affairs, development partners, international organisations, embassies, the government and private organisations met in Vientiane on May 31 to discuss a national action plan on the implementation of the Sustainable Development Goals (SDGs) through 2030.
— Lao News Agency
License issuance for new financial institutions suspended
The Bank of the Lao PDR has suspended the issuance of licenses for new financial institutions while it seeks to review the operations of the country’s existing institutions.
— Vientiane Times
Over 9,700 Poor Households Electrified in Saravane
More than 9,700 low-income households in 469 villages of 8 districts in Saravane province have reportedly gained all-year-round access to electricity after spending lifewithout electricity for many years, an official has said.
— Lao News Agency
Lao Furniture Association Approves New Executive Board
Members of the Lao Furniture Association (LFA) met in Vientiane Capital to review the implementation of its work over the last few years.
— Lao News Agency
Rural students to benefit from upcoming fundraising project
A fundraising project hoping to contribute to rural students from poorer backgrounds around the country will begin in the near future after the project was discussed by authorities recently.
— Vientiane Times
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