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Cao Bang aims to reduce poverty

Northeast Cao Bang province has recently carried out a number of socio-economic programmes and projects in a bid to reduce poverty and boost local economic development.
Northeast Cao Bang province has recently carried out a number ofsocio-economic programmes and projects in a bid to reduce poverty andboost local economic development.

Theirefforts include implementing the national target programme on povertyreduction; the socio-economic development programme for underprivilegedcommunes in mountainous, remote and isolated areas (phase 2 of theProgramme 135); and the programme for rapid and sustainable povertyreduction in the 62 poorest districts, (Programme 30A).

The locality has also provided direct financial and housingassistance to local poor households for settlement and productiondevelopment.

In 2014, nearly 400 impoverishedhouseholds were provided new homes worth a total of 8.3 billion VND(388,000 USD). Another 130,000 individuals were provided withpreferential loans totalling 12.7 billion VND (593,000 USD) to stimulateeconomic development.

Nearly 10,000 targetedhouseholds have also received production-aided financial packages of 40million VND (1,870 USD) on average from the Social Policy Bank.

Others projects on job creation, income increase, vocational trainingand labour export have also been carried out, benefiting tens ofthousands of individuals and bringing the urban unemployment rate tobelow 5 percent and the rate of labourers with vocational training to24.5 percent.

The province has assigned specifictargets on poverty reduction and economic development to localitieswhile enhancing information access in a bid to bring the localimpoverished household rate to 16.05 percent in 2015 from 20.05 percent,said Ha Minh Tran, Director of the provincial Department of Labour,Invalids and Social Affairs.

The province hasstrengthened the involvement of various resources in localities and theimplementation of the grassroots projects to ensure long-termsustainability and effectiveness of the projects and programmes onpoverty reduction.-VNA

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