New projects to reduce poverty in Cao Bang, Bac Kan hinh anh 1Illustrative photo (Source: VNA)

Hanoi (VNA) – The Prime Minister has approved project proposals on poverty reduction in the northern mountainous provinces of Cao Bang and Bac Kan.

The project targeting Bac Kan province will have a total investment of 37.5 million USD, of which 21.25 million USD in official development assistance comes from the International Fund for Agricultural Development (IFAD).

It will be carried out in 37 communes in the districts of Ba Be, Pac Nam, Ngan Son, Nari and Bach Thong from 2017 to 2022.

A similar IFAD-funded project, worth 36.27 million USD will also be implemented in 35 communes in the districts of Ha Quang, Thong Nong, Nguyen Binh and Thach An in Cao Bang province. Of the sum, IFAD provides 21.25 million USD.

They aim to provide support to local poor and near-poor households, enhancing their incomes and mitigating their vulnerability to climate change.-VNA