January 17, 2011(KPL) Village Development Fund in Houaphanh province reached 6.7 billion kip of revolving fund last year compared to 2009 increased by over 600 million kip.
This is an outstanding work of the Office of Grass roof Building and Integrated Rural Development in Houaphanh province, said Deputy Chief of the Office of Grass roof Building and Integrated Rural Development, Mr. Vongthong Phouksavanh.
Presently, more than 50 villages have joined the Village Development Fund in Houaphanh province, according to a meeting of Office of Grass roof Building and Integrated Rural Development, held in Houaphanh province, on 13 January.
The meeting was co-chaired by Houaphanh Governor, Mr Khamhoumg Hueangvongsy, Office Head of Grass roof Building and Integrated Rural Development, Mr, Khamon Bounthavi.
The meeting has also passed 2011 draft plan for administration of village development fund and the participants have got together to brainstorm the future direction including weak point and expansion of village development fund.