Vietnam’s Prime Minister on Nov. 11 approved the policy framework for the 10 th Poverty Reduction Credit Support programme (PRSC 10) to serve as a basis for the PRSC 10 negotiations with the World Bank (WB), scheduled to take place on the same day in Hanoi.

The negotiation delegation is led by Le Minh Hung, Deputy Governor of the State Bank of Vietnam.

PRSC was initiated in Vietnam in 2002 to help the Vietnamese Government implement the Comprehensive Poverty Reduction and Growth Strategy, coupled with reform in the fields of socio-economic development and State governance.

WB implements PRSC in developing countries with stable macro-economies and reasonable financial management systems./.