Finland Funds $US300 Millions In Rural Poverty Reduction

The Finnish Government has contributed US$300 million to Vietnam’s rural poverty alleviation programme in the second phase lasting from 2006-2010.

The Vietnamese Government is calling for almost VND 13 trillion in total to help reduce poverty in some 2,000 villages for the said period. The efforts have received an active response from a number of organizations and foreign governments.

Finland itself funded EUR 500,000 for the programme, which carried out the first phase in 1999-2005. The first phase was conducted in 2,410 villages at a total cost of VND 8.4 trillion (roughly EUR 380 million). (VNA)



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