World Bank loan to support Vietnam's economic recovery


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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.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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