Decree on the Management and Use of Official Development Assistance
关于官方发展援助管理与使用的法令
ດຳລັດ ວ່າດ້ວຍ ການຄຸ້ມຄອງ ແລະ ນຳໃຊ້ ການຊ່ວຍເຫຼືອທາງການເພື່ອການພັດທະນາ
Summary
This Decree stipulates principles, regulations and mechanisms for managing and using Official Development Assistance (ODA), making it centralized, streamlined and transparent through unified management via a single door (Ministry of Planning and Investment), divided into two categories: grants and concessional loans, to serve the priority objectives of the national socio-economic development plan with high efficiency, and defines responsibilities of the government and various agencies.
Articles
Article 1
Purpose. This Decree stipulates the principles, regulations, and mechanisms for the management and use of Official Development Assistance provided by development partners to the Government of the Lao People's Democratic Republic, aiming to be centralized, streamlined, and transparent, in order to ensure that ODA is used efficiently and effectively for implementing the priority objectives of the national socio-economic development plan, with the goal of achieving the objectives of the national socio-economic development plan, sustainable and green development, and in alignment with international development goals.
Article 2
Official Development Assistance. Official Development Assistance (abbreviated as "ODA") refers to technical, financial, and material assistance formally obtained by the Lao People's Democratic Republic from development partners for the purpose of developing its national economy and society, including grants and concessional loans.
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