MOPI requests US$100 million to cope with natural disasters
Thứ Ba, 07/02/2017, 21:47
The Ministry of Planning and Investment (MOPI) has requested the Prime Minister approve a US$100 million financial aid package to help the central region deal with the consequences of natural disasters.
- Natural disasters across Vietnam left over 250 dead in 2016
- Vietnam loses $1.7b due to natural disasters in 2016
- Improving Vietnam resilience to natural disaster
The funding would be sourced from World Bank loans and US$52 million allocated to Binh Dinh Province with the remainder split equally at US$16 million to the provinces of Phu Yen, Quang Ngai and Ninh Thuan.
The aid would help the provinces recover from natural disasters as well as enhance their capacity to guard against storms, floods and other calamities in the future, the MOPI wrote in its request.
VNA