World Bank to fund projects in Laos

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VIENTIANE: The World Bank has agreed to finance three major projects in Laos designed to reduce malnutrition in children, and improve public resource use and service delivery.

The bank’s board of executive directors last week approved US$72mil in the form of a concessional loan to finance the projects, local daily Vientiane Times quoted a media release from the World Bank Lao PDR Country Office as saying.

 

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