World Bank to Finance the Pandemic Recovery Program of the Government of Vietnam

The World Bank has signed a financial agreement of U$ 221.5 million to the Government of Vietnam to tackle the local recovery. The budget will give a concession of 30 years, gracing the period of 5 years.  The action aims to foster an inclusive economic recovery by easing the tax burden on businesses, improving access to financial assistance among vulnerable groups, reducing gender gaps in the workplace, and promoting financial inclusion.

Learn more here:

https://moderndiplomacy.eu/2021/12/28/world-bank-loan-will-support-vietnams-economic-recovery/