Over 5 million Vietnamese to Benefit from WB Sanitation
Published on by Water Network Research, Official research team of The Water Network in Non Profit
The credit was approved by the World Bank’s Board of Executive Directors, the international financial institution said the same day
“More than five million people living in the poorest rural and mountainous areas of Vietnam are expected to benefit from improved access to sanitation and water supply,” it said.
The funding supports the results-based Scaling up Rural Sanitation and Water Supply Program, meant to provide better water supply for 255,000 households and improve sanitation and water supply facilities at 2,720 schools and clinics in 21 provinces in the northern mountains and Central Highlands regions, the bank elaborated.
“Overall Vietnam has made progress in broadening water supply and sanitation coverage, but important regional differences remain,” said Victoria Kwakwa, World Bank Country Director for Vietnam. “In regions that lag behind, the lack of access to basic services, together with poor hygiene practices, leads to serious health issues, including high infection rates for diarrhea and parasitic diseases and stunting among ethnic minority children.”
The program is designed as support for Vietnam’s National Target Program for Rural Water Supply and Sanitation, as well as the country’s decade-long commitment to meeting the Millennium Development Goals, and the new Sustainable Development Goals, the World Bank said.
Millennium Development Goals were established following the Millennium Summit of the United Nations in 2000, with eradicating extreme poverty and hunger and combating HIV/AIDS, malaria, and other diseases among the eight objectives.
Sustainable Development Goals are an intergovernmental set of aspiration goals with 169 targets to transform the world for sustainable development.
The World Bank’s innovative financing instrument, Program for Results, links disbursement of funds directly to the delivery of verifiable results.
This program is the third World Bank-supported results-based one in Vietnam.
The $200 million credit comes from the International Development Association, the World Bank Group’s fund for the poorest countries.
The Vietnamese government will provide an additional $25.5 million to finance the project.
Source: TuoitretNews
Read More Related Content On This Topic - Click Here
Media
Taxonomy
- Non Profit
- Sanitation
- Financing