News Detail - Quang Tri Portal
IFAD grants US$33 million for Quang Binh and Ha Tinh to rural development
Accordingly, IFAD will provide US$33 million in preferential loans under the sustainable rural development project to increase the incomes of poor households and reduce the impact of climate change on the disadvantaged districts of Ha Tinh and Quang Binh provinces.
Although Vietnam is listed among middle income nations it still needs more loans from IFAD. US$33 million grant for Quang Binh and Ha Tinh provinces is very important to develop sustainable agricultural growth, especially in the context of climate change.
IFAD is a United Nations organisation with 165 members. Since 1991, IFAD has provided preferential loans for Vietnam to implement projects in rural areas, especially ethnic minority-inhabited areas.
Source: VOV Online
(www.quangbinh.gov.vn)
