Proposal to increase loan level for job creation for workers to 200 million VND

(QNgTV) - The Ministry of Home Affairs proposed a draft to increase the loan amount to support job creation for workers to 200 million VND, and for production and business establishments to a maximum of 10 billion VND.

Proposal to increase loan level for job creation for workers to 200 million VND

The draft also shows the amendment of interest rates to support job creation, maintenance and expansion for general subjects equal to 125% of the loan interest rate for poor households in each period as prescribed by the Prime Minister , equal to the loan interest rate for households newly escaping poverty and interest rates to support job creation, maintenance and expansion for subjects with preferential interest rates equal to the loan interest rate for poor households.

The Ministry of Home Affairs also proposed amending regulations on maximum loan amounts to comply with legal regulations on Vietnamese workers working abroad under contracts, and adding regulations on specific loan amounts for loans to support working abroad under contracts.

The proposed interest rate for support for working abroad under contract is 125% of the loan interest rate for poor households, which is equal to the loan interest rate for households that have just escaped poverty, and the interest rate for preferential interest rate subjects is equal to the loan interest rate for poor households in each period as prescribed by the Prime Minister.

Source: https://quangngaitv.vn/de-xuat-nang-muc-vay-tao-viec-lam-cho-lao-dong-len-200-trieu-dong-6507497.html