ODA disbursement reaches US$1.5 bil in seven months

The attraction, mobilisation and use of ODA have shown positive signs recently thanks to close co-operation among relevant ministries, agencies and donors, according to the Ministry of Planning and Investment (MPI).

The MPI said, from the beginning of the year through July 15, the total value of ODA capital via signed agreements reached nearly US$2.2 billion, up 35.4 percent from a year earlier. The total amount included over US$2 billion in loans and US$92.4 million in aid. It added that 7-month ODA disbursement capital was estimated at US$1.5 billion, making up 78 percent of the annual plan.

Recently, the MPI has co-ordinated with the World Bank (WB) to inspect 20 WB-funded projects, and worked with development banks to implement proposals including 12 solutions and action plans. It has also cooperated with the Partnership Group for Aid Effectiveness (PGAE) in carrying out the programme on the efficient use of funds.

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