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Gov’t to advance $3 mln equivalent to flood-hit provinces

In Uncategorized on December 16, 2010 at 9:29 am

Prime Minister Nguyen Tan Dung has directed the Ministry of Finance to advance VND61.6 billion (US$3 million) out of total VND335 billion from the central budget to eight central provinces which have been damaged by the recent floods. 

File photo of houses flooded in Ninh Hoa District, Phu Yen Province (Photo: SGGP)


The money is expected to help flood victims buy seeds, domestic animals, and restore production, which the floods have caused.


On December 3, PM Dung decided to extract VND335 billion (US$16.75 million) from the State budget and 8,600 tons of rice from the National reserve to support and assist the central provinces to recovered from the consequences of the recent flooding.


The chairperson of the eight provinces people’s committees will be responsible for the distribution of the money for the correct purpose.


The PM’ has decided to distributed the money to the following provinces: Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ninh Thuan, Dak Lak and Gia Lai provinces.


In related news, Minister of Industry and Trade Vu Huy Hoang on December 7 worked with leaders of the Phu Yen Province. This was to ensure that water release from hydropower plants, and the price stabilization was in place, during the upcoming Lunar New Year Holiday Celebrations.


The Provincial People’s Committee asked the government to supply an extra of 2,000 tons of rice, 1,000 tons of seed, 10,000 litres of pesticides to help residents restore production and prevent environmental pollution.


The province also asked the government to support VND185 billion (US$9.2 billion) to upgrade irrigation works in the area.  Mr. Hoang said that he would send a report to the government about the province’s petitions.

Source: SGGP

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