Local budget entrustment accounts for 15-20% of social policy credit growth

The province sets an annual target that the local budget capital entrusted to it accounts for about 15-20% of the total credit balance growth and by 2030 reaches at least 15% of the total capital source.

The province sets an annual target that the local budget capital entrusted to it accounts for about 15-20% of the total credit balance growth and by 2030 reaches at least 15% of the total capital source.

Local budget entrustment accounts for 15-20% of social policy credit growth.

Quang Ngai will mobilize all resources to improve the effectiveness of social policy credit. Review and accurately identify poor households, near-poor households, newly escaped-poverty households and beneficiary groups; at the same time, closely monitor the use of loans, ensure proper purposes and effectiveness, helping people escape poverty and stabilize their lives. Continue to balance and promptly allocate local budgets in medium-term and annual public investment plans, including public investment capital, other development investment capital and regular expenses, to entrust the Social Policy Bank to supplement capital sources for loans to poor households, ethnic minority households and other policy beneficiaries.

Source: https://quangngaitv.vn/ngan-sach-dia-phuong-uy-thac-chiem-15-20-tang-truong-tin-dung-chinh-sach-xa-hoi-6506809.html