4:10 PM, 02/04/2013

Gov’t asks for comprehensive measures to raise ODA efficiency

VGP – PM Nguyen Tan Dung has tasked the Ministry of Planning and Investment to work with relevant agencies to take comprehensive measures to improve the efficiency of ODA attraction and use in 2013.

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Inferior levels were asked to review and evaluate the implementation of ODA programs and projects for timely solutions.

The Ministry of Planning and Investment was assigned to submit an overall report which screens the attraction, management and use of ODA during the past 20 years.

Earlier, the Government chief had approved the Project on orientations for attraction, management and use of ODA and other preferential loans.

Under the project, in the 2011-2015 period, Viet Nam prioritizes luring ODA and preferential loans into areas like infrastructure development, human resource and knowledge economy development, agriculture and rural development, legal and institutional building, environmental protection, trade and investment promotion.

It is estimated the volume of ODA and preferential loans for Viet Nam would reach US$32-34 billion between 2011 and 2015. The disbursed value would be around US$14 - 16 billion./.

By Huong Giang

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