World Bank loan to support Vietnam's economic recovery


F8CA1C56_809A_439B_AA49_F23A8767970F

HANOI, Dec 27 (Xinhua): The government of Vietnam and the World Bank has signed an agreement for financing of US$221.5 million to support the country's recovery from the Covid-19 pandemic through policy reforms.

The credit is a budget support operation and comes in the form of concessional terms for a period of 30 years with a grace period of five years, World Bank said Monday in a press release.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Former TVB actress Kaman Kong shows off sharp skills at hitting back at trolls during livestream
Indonesia continues battling underground peat fires despite rainfall
Alleged loan shark enforcer in JB to be slapped with 29 charges
China eatery creates egg tarts topped with ‘giant cockroaches’, drawing widespread curiosity
K-pop agency JYP shares soar after little-known groups announce tender offer
Indonesian, Singapore foreign ministers meet amid spat over haze, gas
Court allows Bollywood actor Imran Khan to stay until Nov 2, media report
Paya Terubong landslide: Developer, landowner must take responsibility, says CM
Indonesia detains 17 Malaysian and Singaporean nationals over online lending operation in Bali
Asean envoy to visit Myanmar Wednesday (Oct 28): Thai foreign minister

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read