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Submitted by ctv_en_7 on Tue, 03/07/2006 - 09:00
Vietnam will continue to put aside VND1.7 trillion (roughly US$107 million) per year to implement the National Programme on Education between now and 2015, said Truong Thanh Hai from the Department of Planning and Budget under the Ministry of Education and Training on March 6.

Part of the sum will be sourced from official development assistance (ODA) worth US$130 million over 10 years, including US$50 million in soft loans from the World Bank and US$80 million in non-refundable aid from the European Union (EU) and the governments of Canada, Norway, Belgium, New Zealand and the United Kingdom.

Of the ODA funds, US$125 million will be invested in five projects on improving the quality of primary education and the remainder is reserved for raising the management capacity of school administrators.

The State budge allocated for projects under the National Programme on Education in the 2001-2005 period was VND7.55 trillion (US$500 million). However, only VND3.76 trillion (US$236 million) had been disbursed by the end of 2004, accounting for only 49.8 percent of the figure.

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