Monday, November 28, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

Vietnam allocates millions of dollars to development plans

Vietnam allocates millions of dollars to development plans

Hanoi, Oct 2 (Prensa Latina) The Vietnamese government allocated more than 6.1 billion dollars from the state budget to the Socioeconomic Recovery and Development Program, whose implementation was directed by Prime Minister Pham Minh Chinh, it was learned here.

The head of government demanded the ministries of Health, Agriculture and Rural Development, Labor, War Invalids and Social Affairs, and Transport to urge the localities to manage the use of the program’s capital in accordance with regulations.

Meanwhile, the Ministry of Planning and Investment should coordinate with the Ministry of Finance to continue reviewing projects that have completed investment procedures and are eligible for the remaining capital allocation of the plan, Minh Chinh guided.

The Socioeconomic Recovery and Development Program 2022-2023 envisages a range of fiscal policies, from short-term measures such as temporary tax cuts, interest rate subsidies and liquidity support for businesses and households, to long-term policies such as spending on health, education and digital infrastructure.

This is, the source assessed, an appropriate stimulus package to boost the recovery process after the major economic shock in the second half of 2021, due to the negative impacts of the Covid-19 pandemic.

pgh/arm/rgh/mpm

RELATED
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.