Donors pledge millions to extend fight against poverty
Switzerland has agreed to provide a grant of US$16 million, while the World Bank has expressed its intention to offer a low interest loan of US$30 million to fight poverty in Laos. If secured, the funds will be used to finance Phase III of the Poverty Reduction Fund, which is expected to be implemented from 2017-2019, the Fund’s Executive Director Mr Bounkhuang Souvannaphanh said on 20 May.
