Solutions sought to accelerate disbursement of ODA

The ODA National Steering Committee held a meeting with donors in Hanoi on June 17 to seek solutions to speed up the disbursement of ODA capital and preferential loans, which has showed signs of slowing down in recent years.

The delay in disbursement was attributable to complicated and overlapped procedures, low readiness for projects and cumbersome process and requirements for disbursement. 

It was proposed at the meeting that the six donors need to coordinate with the Vietnamese Government in building the mid-term public investment plan using ODA and concessional loans for 2021-2025 as one of the solutions.

Keep reading…