The provincial budget advances more than 13 billion VND to businesses to stabilize the market during the Lunar New Year of Giap Thin.

Standing Vice Chairman of the Provincial People's Committee Ha Sy Dong has just signed and issued a plan to implement the market stabilization program during the Lunar New Year 2024 in the province.

The program aims to contribute to ensuring the balance of supply and demand of goods, stabilizing the market and social security; providing adequate and regular supply, ensuring essential goods sources, meeting the consumption needs of people, especially in rural, remote and mountainous areas, preventing shortages and unreasonable price increases during the end of the year and Lunar New Year.

At the same time, create conditions for businesses to access preferential capital sources, expand market stabilization product groups associated with effectively implementing the campaign "Vietnamese people prioritize using Vietnamese goods", thereby contributing to curbing inflation and promoting production and business development.

Specifically, the province identified the group of goods that need to focus on stabilizing prices during the Lunar New Year, including: food (rice, sticky rice); food (pork, beef, vegetable oil, fish sauce, soy sauce, salt, sugar, nuts, jams, candies, instant noodles, sausages, fresh vegetables and fruits) and fuel.

Two businesses selected to participate in the program are Quang Tri Trading Corporation Joint Stock Company and Saigon - Dong Ha Trading and Service Company Limited.

These are reputable, experienced, and capable enterprises that are responsible for providing goods and stabilizing the market; complying with regulations on quality, food safety, and product labeling; having warehouse systems, means of transportation, equipment, etc. to serve in the case of organizing fixed points of sale and mobile sales as required by the program.

The Provincial People's Committee will support units participating in market stabilization to advance local budget capital for 3 months to prepare for essential goods reserves for Tet with a total expected advance capital of 13,107 billion VND, interest rate of 0%.

The time to prepare goods and organize the sale of essential goods to stabilize the market and prices in the province is expected to be from December 22, 2023 to March 10, 2024.

Ha Trang

Source