March 10, 2017 — The Second Trade Development Facility Project, implemented by the Ministry of Industry and Commerce, supports the government efforts to compete for quality international investors, through further reforms to develop a more business-friendly regulatory environment.
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November 12, 2016 — On her visit to Lao PDR, World Bank Regional Vice President for East Asia and Pacific Victoria Kwakwa reaffirmed the World Bank’s strong support for programs and policies to promote inclusive growth, invest in human development and protect the environment.
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July 19, 2016 — Today, Lao PDR is virtually unrecognizable from what it was just a decade ago. A more open, more outward trade landscape has transformed it into a fast-growing developing country.
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July 12, 2016 — The World Bank’s Board of Executive Directors approved $30 million in new financing for Lao PDR’s Poverty Reduction Fund (PRF). This is the third phase of World Bank funding seeking to address rural poverty.
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July 5, 2016 — Lao PDR has met the Millennium Development Goal target of 54% access to improved sanitation but more than half of the rural population are without access.
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