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Lao People's Democratic Republic - Second Poverty Reduction Fund Project : restructuring : Main report (Inglês)

The objective of the Second Poverty Reduction Fund Project (PRF II) for the Lao People's Democratic Republic is to improve the access to and the utilization of basic infrastructure and services for the project's targeted poor communities in a sustainable manner through inclusive community and local development processes. The changes to the Financing Agreement of PRF II will: (i) ensure consistency of procurement procedures between the Multi-Donor Trust Fund (MDTF) Grant Agreement and the International Development Association (IDA) Financing Agreement, (ii) reflect the revised institutional arrangements governing the PRF, and (iii) modify the disbursement percentages to be financed between the IDA Grant and the MDTF to reflect the additional stream of financing.

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