Launching PRSC 7 - Documents Sent to Government on December 20

The first draft Poverty Reduction Support Credit (PRSC) 7 has been sent to the Government of Vietnam. The Poverty Reduction Support Credit (PRSC) is the main aid instrument for providing direct budget support to the government to finance the SEDP, based on annual policy actions approved by the government. The policy dialogue on the draft policy actions included in PRSC 7 takes place between donors, led by the World Bank, and government agencies through two rounds of technical meetings, the meetings are open to NGO participation. The first round of technical meetings will take place during the last two weeks of January.