UK pledges to fund VN’s poverty alleviation
07:27 | 07/12/2007
VNGOP – The UK Department for International Development (DFID) on December 6 made the commitment to grant a non-refundable aid of £50 million to Việt Nam in 2008.
 

Many poor Vietnamese children need assistance – Illustration photo

The DFID’s fund will be spent in developing infrastructure, education and hygiene for the poor; preventing HIV/AIDIS infection and anti-corruption.

The UK pledged to provide long-term aid to Việt Nam under the 10-year agreement on partnership (2006-2015). Accordingly, in the first five years, the UK will finance £250 million (equivalent to US $500 million) for Việt Nam’s poverty reduction, HIV/AIDS control, and anti-corruption.

Since 1992, the DFID has granted Việt Nam a total non-refundable aid of £227 million (or US $450 million). The UK continues to the biggest provider of non-refundable aid to Việt Nam.

By Nguyên Hồ

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