Germany providing over 423b kip for rural, sustainable economic development
The government of Federal Republic of Germany has agreed to provide grant aid of over 423 billion kip (EUR 45.8 million) for sustainable economic development, rural development and natural resources management in Laos.
The financial and technical support by the German government extended to the Lao government for the period of 2016-2017 comprises EUR18.8 million for Financial Cooperation projects and EUR 27 million for Technical Cooperation projects and will focus on rural development and sustainable economic development.
