The Vietnam Bank for Social Policies, Ha Tinh Branch, is focusing on disbursing VND280 billion from the job creation loan program allocated by the Vietnam Bank for Social Policies.
Mr. Nguyen Tien Thuc - Deputy Director of the Bank for Social Policies, Ha Tinh Branch, said: "In early November 2023, the Bank for Social Policies, Ha Tinh Branch, was allocated an additional VND 280 billion by the Central Government from the source of capital for job creation, bringing the total disbursed amount according to Resolution 11/NQ-CP in the area to VND 922 billion".
The Bank for Social Policies, Ha Tinh Province Branch, is focusing on disbursing capital to create jobs.
Loans to support job creation, job maintenance and expansion (abbreviated as job creation) under Decree 61/2015/ND-CP and Decree 74/2019/ND-CP are one of four preferential loan programs under Resolution 11/NQ-CP of the Government on the Socio -Economic Recovery and Development Program that Ha Tinh province is implementing. Accordingly, the Provincial Branch of the Vietnam Bank for Social Policies will closely coordinate with relevant units to promptly, publicly and transparently disburse 100% of the allocated capital to the right beneficiaries in 2023. After disbursement, the unit will coordinate to strengthen inspection, supervision and consultation, guidance for borrowers to use the capital for the right purpose, promoting high economic efficiency.
Many households in Ha Tinh develop their economy thanks to capital for job creation.
Implementing Resolution No. 11/NQ-CP dated January 30, 2022 of the Government on the Socio-Economic Recovery and Development Program and implementing Resolution No. 43/2022/QH15 of the National Assembly on fiscal and monetary policies to support the Socio-Economic Recovery and Development Program, the Vietnam Bank for Social Policies, Ha Tinh Branch, promptly advised the Provincial People's Committee to issue documents directing the implementation, and closely coordinated with relevant levels and sectors to regularly review needs to effectively implement the policy.
Accordingly, in 2 years (2022, 2023), the total amount of loans disbursed by the Bank for Social Policies, Ha Tinh Branch under Resolution No. 11/NQ-CP is 642 billion VND. Thereby, contributing to creating jobs for 6,639 workers; building and repairing 925 houses; helping 3,205 disadvantaged students buy computers and equipment for online learning; and 32 non-public preschools and primary schools affected by the COVID-19 pandemic to restore production and business.
Thu Phuong
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