IDA CREDIT: US$50.00 million
TERMS: Maturity = 40 years; Grace Period = 10 years
PROJECT DESCRIPTION: The proposed Credit would support policy and institutional actions to improve the results of Vietnam's 2nd phase Poverty Program for Ethnic Minorities and Communities in Mountainous Areas (commonly known in Vietnam as P135-2) with particular reference to: (i) improved poverty targeting of program resource allocation; (ii) deepening and scaling-up of community-driven approaches to planning, managing, operating and maintaining basic rural infrastructure; (iii) enhanced fiduciary transparency and accountability in program implementation through wider use of ‘social audit’ approaches; and (iv) process monitoring and impact evaluation.
