Using a loan from the provincial Bank for Social Policies, Tran Thi Huong’s family in Phu Lam ward, Tuy Hoa city, plants flowers, creating stable income. (Photo: nhandan.com.vn)
Invested by the Government’s Program 30A on supporting rapid and sustainable poverty reduction in poor districts and Program 135 on boosting socio-economic development in extremely disadvantaged communes, the money will be used to build infrastructure for boosting production, diversify people’s means of livelihoods, expand poverty reduction models in the two mountainous districts of Dong Xuan and Song Hinh, 11 extremely disadvantaged communes, 29 extremely disadvantaged villages and 11 coastal poor communes.

Earlier, the provincial People’s Committee issued a plan on boosting sustainable poverty reduction by launching a preferential credit program worth over VND615 billion, benefiting 26,188 poor and nearly-poor families. Additionally, it will be spent boosting production, assisting pupils and students, and build 488 houses, with priority to be given to important projects and poor families, especially those in extremely disadvantaged and ethnic minority-inhabited regions.

The province is striving to reduce the rate of poor and nearly-poor families to 5.65% and 8.7% by late 2018, respectively./.

Compiled by BTA