Hanoi earmarks 28.2 million USD for the poor amid COVID-19 pandemic
Hanoi (VNS/VNA) – Hanoi will earmark 650 billion VND (28.2 million USD) to help the poor and other social
beneficiaries via the local branch of Vietnam Bank for Social Policies (VBSP),
amid the COVID-19 pandemic.
Priority will be given
to households enjoying debt payment rescheduling and extension, those under and
just above the poverty line, families of war martyrs, invalids and social beneficiaries. Small- and
medium-sized enterprises and cooperatives that attract a large number of
labourers will also be eligible.
The capital is
aimed at helping them restore production and offset the impact of the COVID-19
pandemic.
The municipal
authorities asked the VBSP branch to work closely with local administrations,
mass organisations and associations to promptly disburse the sum, which is
expected to meet about 65 percent of loan demand.
According to the report
of VBSP’s Hanoi branch,
African swine fever, bird flu and especially the COVID-19 pandemic have
seriously affected the lives and production of the poor and social policy
households in the city.
Additional capital of 1
trillion VND is needed
for 25,000 customers, who are eligible for loans, to resume their production
this year, the report said.
A representative from Hanoi Labour, Invalids and Social
Affairs Department said, in accordance with the draft Government Resolution to
support people facing difficulties due to the COVID-19 pandemic, the capital city has between 2-3
million people who fall under this category.
Specifically, the city
has nearly 281,000 people who receive monthly social allowance, including 89,000 who have
contributed to the national revolutionary cause, over 8,700 poor households and 49,000 near-poor
ones.
According to statistics
from labour organisations, by the end of March, about 40 percent of the over 240,000 local enterprises had to reduce their
production scale or suspend operations.
The number of employees
with labour contract suspension or unpaid leave at enterprises, and employees with labour contracts
terminated but not yet eligible for unemployment allowances is estimated to be
over one million.
Speaking at an online
meeting on April 6 to
discuss the city's socio-economic development and response to COVID-19, Nguyen Mạnh Quyen, director of the city’s
Planning and Investment Department, said the COVID-19 pandemic had
impacted all aspects of life in the city.
He said the city would
devise an action plan to support business, production and to ensure social
welfare in response to the COVID-19 crisis.
Among economic recovery
efforts, the city will push forward administration reform efforts by
simplifying procedures, shortening time spent on procedures and expanding the list of public administration services available online.
The city will also
encourage the production of medical supplies, including face masks,
antibacterial cleaning products, ventilators and testing kits to deal with the
developments of the pandemic.
It will review its
public expenditure for more effective spending, with a plan to cut spending by
5 percent this year./.