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World Bank loans help rural areas reduce poverty
www.chinanews.cn 2006-01-19 15:27:14
A young man of the Miao ethnic group played a lively tune with Lusheng
Pipe (a musical instrument among Miao people) to celebrate the
commencement ceremony for the "poverty-stricken rural community
development project" on Jan. 18 in Guangxi's Rongshui Miao Autonomous
County. This project jointly held by the World Bank and the UK's
Department for International Development will allot US$100 million of
loans from the World Bank and US$32.45 million of donation from the UK in
five years to help Guangxi, Yunnan and Sichuan to carry out comprehensive
poverty relief and development in residential areas of minority ethnic
groups. The loans have a term of 20 years.
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