USAID gives US$5.6 million to address impacts of Covid on education, economic growth

The United States Agency for International Development (USAID) has announced US$5.6 million in additional assistance to address the impacts of Covid-19 on economic growth and primary education in Laos, according to USAID
Deputy Administrator for Policy and Programming for USAID, Isobel Coleman, announced the provision of additional assistance on Friday.
She highlighted USAID’s support to women-owned Micro, Small and Medium Enterprises (MSMEs) with her announcement of an additional US$3 million Covid-19 economic recovery grant to the Laos Competitiveness and Trade project.
The project is implemented by the Ministry of Industry and Commerce and the World Bank, with financial support from the World Bank, USAID, Australia and Ireland.
The grant will support Laos’ efforts to improve the business environment and assist Lao businesses to recover from the pandemic. 
This investment is expected to foster investment, increase the competitiveness of Laos and its MSMEs, and ultimately create better paying jobs for the next generation of Lao people.
Ms Coleman also announced a new US$2.6 million USAID grant to UNICEF to support early childhood and primary education. 
The grant will also address issues in the education sector posed by the Covid outbreak in Laos and expand the government’s approach in delivering quality learning opportunities for children nationwide, particularly children from ethnic groups, and children with disabilities.
The support aligns with USAID’s initiative to help children gain literacy, numeracy, and social-emotional skills that are the foundation to future learning and success; promote and prioritise country-focus and ownership; strengthen systems and develop the capacity of local institutions; and promote equity and inclusion.
The United States’ development assistance to Laos spans more than a decade. 
In education, USAID has supported Laos in improving reading skills for primary age children with a particular emphasis on non-Lao speaking children and children with disabilities. 
In economic growth, USAID is working with Laos and development partners to facilitate trade, improve competitiveness, and simplify business regulations.

By Times Reporters
 (Latest Update May 16, 2022)