The World Bank’s assistance program of foreign aid to Vietnam has three objectives: to support Vietnam’s transition to a market economy, to enhance equitable and sustainable development, and to promote good governance. From 1993 through 2004, Vietnam received pledges of US$29 billion of Official Development Assistance (ODA), of which about US$14 billion, or 49 percent, has been disbursed. In 2004 international donors pledged ODA of US$2.25 billion, of which US$1.65 billion was disbursed. Three donors accounted for 80 percent of disbursements in 2004: Japan, the World Bank, and the Asian Development Bank. During the period 2006–10, Vietnam hopes to receive US$14 billion–US$15 billion of ODA.
Read more about Foreign Aid To Vietnam: History
Famous quotes containing the words foreign, aid and/or vietnam:
“Where the heart is, there the muses, there the gods sojourn, and not in any geography of fame. Massachusetts, Connecticut River, and Boston Bay, you think paltry places, and the ear loves names of foreign and classic topography. But here we are; and, if we tarry a little, we may come to learn that here is best. See to it, only, that thyself is here;—and art and nature, hope and fate, friends, angels, and the Supreme Being, shall not absent from the chamber where thou sittest.”
—Ralph Waldo Emerson (1803–1882)
“Men, forever tempted to lift the veil of the future—with the aid of computers or horoscopes or the intestines of sacrificial animals—have a worse record to show in these “sciences” than in almost any scientific endeavor.”
—Hannah Arendt (1906–1975)
“I was proud of the youths who opposed the war in Vietnam because they were my babies.”
—Benjamin Spock (b. 1903)