The World Bank has committed another $57 million to a project that aims to curb rural poverty in Laos.
The funding is for the Second Poverty Reduction Fund Project in Laos. The First Poverty Reduction Fund was approved in 2003 and had a financing envelope of about $42 million.
The new initiative aims to improve service delivery and promote participatory village development planning in more than 2,500 villages in 38 districts and 10 provinces of Laos.
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