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About US$45 million per year in loans planned for the Lao PDR, in ADB''s Country Strategy and Program Update for 2004-2006.

Publication: M2 Presswire
Publication Date: 29-AUG-03
Format: Online - approximately 592 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 August 2003-ADB: About US$45 million per year in loans planned for the Lao PDR, in ADB's Country Strategy and Program Update for 2004-2006(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:08292003

MANILA, PHILIPPINES -- The Asian Development Bank (ADB) plans to allocate US$40 million-$45 million per year in loans to the Lao People's Democratic Republic (Lao PDR) over the next three years, according to the Country Strategy and Program (CSP) Update for 2004-2006 endorsed by ADB's Board of Directors.

The planned allocation remains broadly in line with the $42.3...

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