Typhoon Yagi causes nearly 2 billion USD in damage, Government issues emergency aid package

The Government has just issued Resolution 143/NQ-CP on September 17 to overcome the consequences of storm No. 3 (storm Yagi), quickly stabilize the people's situation, promote the recovery of production and business, actively promote economic growth, and control inflation well.

Typhoon No. 3 (Typhoon Yagi ) is the strongest typhoon in   The past 30 years in the East Sea and the past 70 years on land have been unprecedented in many ways.

Typhoon Yagi caused damage of over 50,000 billion VND (nearly 2 billion USD) nationwide.

PHOTO: DINH TRUONG

Preliminary statistics as of September 17 show that 329 people have died or gone missing, about 1,929 people have been injured; about 234,700 houses, 1,500 schools and many infrastructure works have collapsed or been damaged; 726 dike incidents. Over 307,400 hectares of rice, crops and fruit trees have been flooded and damaged; 3,722 aquaculture cages have been damaged or swept away; nearly 3 million livestock and poultry have died and nearly 310,000 urban trees have fallen... The total property damage caused by storm No. 3 is preliminarily estimated at over VND50,000 billion (about USD2 billion), which is forecast to reduce the GDP growth rate for the whole year by about 0.15% compared to the growth scenario of 6.8 - 7%. The economic growth rate of many localities such as Hai Phong, Quang Ninh, Thai Nguyen, Lao Cai... may decrease by more than 0.5% compared to the forecast before storm No. 3. Infrastructure systems, many essential works, and people's lives are damaged. Social issues, especially health care,education , environment, rural clean water, urban clean water, labor, employment, people's lives... need special attention, resource priority and quick implementation after storms and floods to stabilize people's lives.

Support must be fast, effective, and direct.

The Government's viewpoint is that support policies and solutions must be fast, feasible, timely, effective, focused, and directly targeted at affected subjects; the procedures, processes, and conditions for beneficiaries must be simple, easy to implement, easy to check, monitor, and evaluate. The goal is to protect people's lives, safety, and health first and foremost. Do not let sick people lack places to be treated; students must go to school as soon as possible. Ensure social security, do not let people lack food, clothing, housing, or clean water; quickly restore daily life and social activities to stabilize people's lives, especially in areas most severely affected by storms, floods, and landslides. Quickly restore production, supply, and labor chains, restore and develop production and business, and maintain the growth and recovery momentum of localities and the economy in 2024.

Supported Objects

The Resolution clearly states the scope and subjects of support are people, workers , disadvantaged people, business households, cooperatives, and enterprises in areas affected by storm No. 3, floods, landslides. The support period is mainly in September and October; some policies to support business households and enterprises can be extended, with additional resources to be implemented until the end of 2025 to suit the recovery of businesses, business households, and seasonal factors in production and business.

6 key task groups and solutions

First, the group on protecting people's lives, safety and health. The Ministry of National Defense, the Ministry of Public Security, and local authorities mobilize maximum forces to search for missing people; increase the deployment of forces and vehicles to patrol, relocate and evacuate people from high-risk areas and transport aid and supplies to people. The Ministry of Health coordinates with ministries, branches and localities to mobilize and arrange sufficient medical forces, ensure medicines and medical supplies to treat injured and sick people; clean water sources, ensure food hygiene and safety, and absolutely prevent disease outbreaks after floods. The Ministry of Finance and localities ensure state budget funds to implement policies to directly support the burial of the deceased, households with dead, missing or injured people hospitalized due to the impact of storm No. 3. The second group, supports the restoration of social activities to stabilize people's lives. The Ministry of Agriculture and Rural Development shall take the lead in determining the extent of damage and support needs of localities, and send them to the Ministry of Planning and Investment and the Ministry of Finance for synthesis and submission to the Prime Minister for allocation of the central budget reserve for 2024 to support localities in accordance with the law . Increase the level of support for poor households, near-poor households, and households in difficult circumstances whose houses have collapsed, are completely damaged and need to be rebuilt, are severely damaged and need to be repaired and relocated...

Quang Ninh devastated after storm Yagi

PHOTO: LA NGHI HIEU

Group 3: Restore and promote production, business development, and economic growth. The Ministry of Finance urgently and effectively implements policies on exemption, reduction, and extension of taxes, fees, land rents, water surface rents, etc. for those affected or damaged by storms, floods, landslides, and landslides in accordance with the law. Direct insurance companies to promptly review and pay insurance benefits to affected customers in accordance with regulations. In the immediate future, immediately make provisional compensation payments to customers in accordance with regulations. The State Bank of Vietnam has directed banks to handle risks to support customers facing difficulties and losses due to the impact of storm No. 3. Proactively calculate support plans, restructure terms, maintain debt groups, consider exempting and reducing interest rates... The Ministry of Industry and Trade is studying the application of electricity prices for tourist accommodation establishments equal to the electricity prices for production... Group 4, prepare to respond to natural disasters, storms, floods, landslides in the coming time. Review villages, families whose houses were buried, resettle villages, houses for people to safe places and complete by December 31 at the latest. Review irrigation works, dykes, dams, reservoirs, irrigation reservoirs that are weak, damaged, at risk, and at high risk to develop plans to allocate state budget capital for repair and reinforcement... Group 5 is to cut and simplify administrative procedures to implement support policies. The sixth group is to control inflation and promote economic growth. The Government has requested the State Audit and National Assembly committees to consider temporarily suspending audits and supervision in localities to focus on overcoming the consequences of natural disasters and floods.

Thanhnien.vn

Source: https://thanhnien.vn/bao-yagi-thiet-hai-gan-2-ti-usd-chinh-phu-ban-hanh-goi-ho-tro-khan-cap-185240918083132335.htm