Prime Minister values ADB aid
The Vietnamese Government highlighted the Asian Development Bank’s (ADB) financial support, which amounts to US$13 billion in aid so far, contributing to national poverty reduction work, said Prime Minister Nguyen Tan Dung.
The Government leader said Vietnam pledges to utilize ADB loans effectively by allocating counterpart capital and hastening ground clearance work to ensure the efficient disbursement of the funds.
He wants the ADB president to pay more attention to the partnership between the two sides as well as continue to offer vital assistances to the country’s prioritised fields.
For his part, the guest spoke highly of the nation’s poverty reduction work and the effectiveness of macroeconomic policies of curbing inflation and maintaining growth. He appreciated Vietnam’s collaboration with the ADB and emphasized that the bank will continue to team up closely with the country.
The ADB President suggested the country quicken the disbursement of the ADB funds, and affirmed that his bank is willing to assist Vietnam in upgrading infrastructure of the fields of transport, energy, and health as well as in reforming State-owned enterprises.