Thursday, March 14, 2019

World Bank Board of Directors Approves Support for Nutrition and Public Financial Management in Lao PDR

Lao PDR will benefit from US$72 million in new financing, under three projects approved today by the World Bank’s Board of Executive Directors, which focus on reducing malnutrition in children and improving public resource use and service delivery. The innovative multi-sectoral nutrition convergence approach will come together in Xieng Khouang, Houaphan, Phongsaly, and Oudomxay provinces. In these areas, chronic malnutrition affects over 40 percent of all children under five, with long-term adverse impacts on height, brain development, and their ability to succeed later in life. These two new projects complement three others supported by the World Bank in health, education, and diversified food production. Read More