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WB seeks clarification on partnership strategy

Update: December, 16/2016 - 10:57
President Trần Đại Quang (R) receives  World Bank (WB) Country Director Ousmane Dione in Hà Nội yesterday. — VNA/VNS Photo Nhan Sáng

HÀ NỘI — President Trần Đại Quang has asked World Bank (WB) Country Director Ousmane Dione to work closely with the Government in establishing the two sides’ Partnership Strategy for the coming years.

Speaking at a reception in Hà Nội yesterday, the host welcomed Dione to his new position and expressed his hope that the WB Country Director will build on his predecessor’s achievements to elevate bilateral ties. 

He spoke highly of the WB’s support of Việt Nam, including the building of the Vietnam Report 2035 that suits orientations and goals set by the 12th National Party Congress.

The President spoke of Việt Nam’s key priorities, including strengthening macro-economic stability; economic restructuring in the fields of public investment, banking, State-owned enterprises and fiscal reform; public debt management; infrastructure upgrade; and climate change response.

He also assured his guest that he has directed agencies concerned to accelerate negotiations, signing and approval of loan agreements with the WB, but added that project quality must be put first.

Việt Nam has worked to ensure the effective use of loans provided by the international community and the WB in particular, he affirmed, adding that the country always works hard to monitor the process.

Dione, for his part, said Việt Nam’s success is significant to the WB as the country national development is recognised as a success story. The guest pledged that the WB would liaison closely with Vietnamese agencies to align the partnership framework with Việt Nam’s development orientations for 2017-2020.

He said the lender needs further consultations on the four pillars of the strategic partnership, including the development of the private economic sector, human development, environmental sustainability and State governance. — VNS

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