Deputy PM asks for new multi-dimensional poverty standards
Deputy Prime Minister Vu Duc Dam has asked ministries and agencies to soon build the national multi-dimensional poverty standards for the 2021-2025 period to submit to the Prime Minister for approval.
Deputy Prime Minister Vu Duc Dam (C) at the meeting (Photo: VNA)
Hanoi (VNA) - Deputy Prime Minister Vu Duc Dam has askedministries and agencies to soon build the national multi-dimensional povertystandards for the 2021-2025 period to submitto the Prime Minister for approval.
He made the request while chairing a meeting in Hanoi on July 14 of the Central Steering Committee for the National Target Programme onSustainable Poverty Reduction for the 2016-2020period.
The Deputy PM also told ministries, agencies and localities to approve theNational Target Programme on sustainable poverty reduction and social welfarefor the 2021-2025 period, and quickly re-arrange administrative units atcommunal and district level for 2019-2021 for the effectiveimplementation of sustainable poverty reduction policies and programmes.
Deputy Minister of Labour, Invalids and Social Affairs Le Van Thanh reported at themeeting that over 22.8 trillion VND (991 million USD)from the State budget has been allocated for the implementation of socialwelfare and poverty reduction policies.
Over 10 trillion VND from the Statebudget has been earmarked for carrying out the National Target Programme onSustainable Poverty Reduction this year.
As of June 30, the Vietnam Bank for SocialPolicies offered loans worth more than 18.6 trillion VND to 423,000 poor and near-poor households.
The poverty rate is expected to decrease to below 3 percent later this year from3.75 percent in 2019. The rate has been falling by 1-1.5 percent on averageeach year, while the poverty rate in poor districts has reduced by more than 4percent, thus fulfilling goals set by the National Assembly and Government.
Regarding support for those hit by COVID-19, Thanhsaid localities have approved a list of 15.8 million people eligible for totalfunding of 17.5 trillion VND, more than 11.2trillion VND of which has been disbursed for more than 11 millionpeople, including over 7 million poor and near-poor households.
Participants said the rate of poor households remains high in severalmountainous provinces, especially in the northern mountainous and CentralHighlands regions.
They highlighted a need to specify sustainable poverty goals in annual andperiodic socio-economic development plan, and take into account specificconditions in each region when designing poverty reduction policies.
Several opinions also suggested pooling capital from organisations andbusinesses for poverty reduction efforts./.
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Deputy Prime Minister Vu Duc Dam (C) at the meeting (Photo: VNA) 
