At a meeting with the World Bank Chief Executive Officer Kristalina I. Georgieva on March 23, Ngan said the Vietnam-World Bank Country Partnership Framework that the World Bank is working on have similarities to Vietnam’s development priorities.The top legislator hailed the WB’s drafting the Vietnam-WB country partnership framework (CPF) for 2017-2022 and urged the WB to work closely with Vietnam’s government agencies to complete the document, saying the Vietnamese National Assembly will closely oversee WB-funded project to ensure their efficiency.

The Vietnam legislative body continues to promote its role of supervising the implementation, management and use of the WB’s assistance, thus ensuring the effective use of the capital sources, Ngan said.

Georgieva, in turn said the WB is willing to support Vietnam to obtain achievements in implementing its policies, socio-economic development plan for 2016-2020.

In 2017, the WB puts aside US$1.8 billion to aid Vietnam in many fields such as poverty reduction, water resources management, agriculture, urban development, issues related to dam safety, effective use of resources.The bank will also support the NA’s law making, and cooperate with the Government in State-owned enterprise reform, finance, and climate change adaptation, she said, emphasising in investment in education to create a long-life learning opportunity for people

The WB CEO said her organization will continue to help Vietnam, especially in legislation, SOE restructuring, administrative reforms and climate change responses.