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Wednesday, February 22 2012 @ 11:17 AM MST

Vietnam expects ODA disbursement at $3.65bln in 2011

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Vietnam expects ODA disbursement at $3.65bln in 2011

Vietnam expected to disburse $3.65 billion *official* development
assistance (ODA) in 2011, increasing 3.1% from 2010 ( $3.541 billion), the
Foreign Economic Relations Department under the Ministry of planning and *
investment* said.

There are 51 existing bilateral and multilateral ODA donors for Vietnam.
Sponsors have signed ODA commitments worth $8.342 billion for Vietnam in
2011, of which, preferential ODA *loans* accounted for 87% and
non-refundable ODA took 13%.

ODA capital for Vietnam did not fall despite the sponsors=92 economies have
been in trouble recently.

It is expected that there will have been $33.414 billion ODA disbursed by
the end of 2011, accounting for 61% of the total committed ODA capital.

Source TEI/StoxPlus