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Article: Lao PDR, one of the poorest countries in East Asia, receives support for the long term.
- Article from:
- M2 Presswire
- Article date:
- April 1, 2005
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M2 PRESSWIRE-1 April 2005-WORLD BANK: Lao PDR, one of the poorest countries in East Asia, receives support for the long term(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:31032005
WASHINGTON - The Executive Directors of the International Development Association (IDA) and the Board of Directors of the Multilateral Investment Guarantee Agency (MIGA) today discussed the development prospects of Lao People's Democratic Republic (PDR) and approved a number of investments as part of an international effort to help increase incomes and living standards in one of East Asia's poorest countries.
The measures include a US$50 million partial risk guarantee, a ...