Laos to spend 50 million USD on poverty reduction

The Lao Government will disburse 50 million USD from now to 2019 to reduce hunger and poverty in 43 districts across the country.
Laos to spend 50 million USD on poverty reduction ảnh 1Illustrative image (Source: Inter Press Service)

Vientiane (VNA) - The Lao Government will disburse 50 million USD from now to2019 to reduce hunger and poverty in 43 districts across the country.

Lao Minister ofAgriculture and Forestry Lien Thikeo said the funding is sourced from theGovernment’s budget, the World Bank (WB) and development partners. It will beused to implement the third phase of the Poverty Reduction Fund (PRF) programmeinitiated in 2002.

Over the past fiveyears, the PRF programme has supported over 1,900 projects on education,health, transport, agriculture and forestry, benefiting over 700,000 people inrural areas each year.-VNA
VNA

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