The Australian government will provide an estimated AUS$42.1 million (US$45.8 million) in official development assistance to Laos during the 2011-2012 financial year, according to the Australia Embassy to Laos.
http://www.vientianetimes.org.la/FreeContent/free_Australia.htmThis represents a 61 percent increase in Australia's assistance to Laos since 2006-2007.
Australian Ambassador Ms Lynda Worthaisong said “The level of aid given to Laos demonstrates Australia's long-term commitment to reducing poverty and achieving sustainable development.”
Managed by the Australian Agency for International Development (AusAID), Australia's aid programme is focused on three areas - strengthening basic education, increasing trade and investment in impoverished areas and improving rural livelihoods.
Australia remains committed to supporting Laos to achieve its Millennium Development Goal targets for primary education by supporting increases in access to quality education for girls and boys, improvements in completion rates and the strengthening of education planning systems.
Australia recognises that significant progress has been made to reduce poverty in Laos, but many people in rural areas are still in need of better access to food supplies, information, markets and employment in order to improve food security and incomes.
In 2011-12 AusAID will focus on village infrastructure and access to markets as part of the ongoing work to improve rural livelihoods, disaster risk reduction and unexploded ordnance.
The Australian government has given a commitment to scale up its overall development assistance programme to 0.5 percent of Gross National Income by 2015 16.
The Australian government remains committed to ensuring that every dollar spent on aid in Laos has the maximum impact on poverty and economic development.