Binh Thuan gets a subsidy of VND 4,710 million

Business - Ngày đăng : 14:54, 02/08/2016

BTO - Prime Minister Nguyen Xuan Phuc has recently signed decision to supply an additional subsidy of VND 54,422 million, sourced from the central budget’s Fund for economic services, to 5 provinces under the subsidy scheme. Accordingly, the scheme will subsidize for the loss of electricity prices, fares of transporting potable water and necessities from mainland to island communes/districts and expenditure for maintaining the operation of water tanks and sea-water filters.

The sum will be provided to 5 provinces, including Quang Tri (VND 1,600 million), Binh Thuan (VND 4,710 million), Quang Nam (VND 3,312 million), Binh Dinh (VND 1,100 million) and Kien Giang (VND 43,700 million).

The Prime Minister asked the beneficiaries to manage and use the above subsidy economically and efficiently in compliance with regulations. The Ministry of Finance takes charge of collecting, analyzing and submitting the localities’ performance reports to the PM by the end of 2016. The 5 provinces are required to allocate the capital so that each locality can get enough 30-percent subsidy for the aforesaid losses in 2015 and 2016.

My Thien (Source: Binh Thuan Newspaper)