Category: Mekong Utility Watch

Letter from Canada’s Executive Director to the World Bank: Nam Theun 2, Lao PDR

(November 2, 1999) “Accordingly, it is clearly understood that, if the Bank is to support the Nam Theun 2 project, the latter would need to be in full compliance with the Bank’s environmental and social policies and that higher standards would need to be applied.”

Laos mess worsens, donors seek action

(November 1, 1999) With the financial sector in a precarious state and half the population living below the poverty line, donors say authorities must quickly launch strong stabilisation measures to curb inflation, stabilise the kip over the long term and restore a growing loss of local and foreign confidence in the economy and currency.