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At the meeting. Photo: VGP

The projects cover infrastructure upgrading, tertiary education improvement, urban development, new-style rural construction, grassroots medical network, improved use of water in drought-hit provinces.

Speaking at the event, Deputy PM Minh, who is also head of the National Steering Committee on ODA and preferential loans, asked the State Bank of Vietnam to collect opinions of ministries, agencies and localities about projects to submit to authorities concerned.

The Ministry of Planning and Investment was required to make a list of approved projects using foreign loans that are absent from the medium-term public investment plan, thus ensuring that the loans are fully tapped.

As Vietnam graduated from the WB International Development Association’s lending in July 2017, the ministry must report a plan on capital use in the near future to permanent government members, especially less preferential loans.

Source: VNA