ALLOCATE MORE THAN VND 92 THOUSAND BILLION TO IMPLEMENT 3 NATIONAL TARGET PROGRAMS
On May 22, 2022, the National Assembly Standing Committee issues the Resolution No. 517/NQ-UBTVQH15 on the central budget allocation of the 2021-2025 period and the year 2022 for ministries, central agencies and localities to implement 3 national target programs.
Specifically, to allocate VND 92,057.861 billion as the central budget’s development investment fund for the 2021-2025 period to localities for implementation of the following 3 national target programs: VND 47,057.816 billion for the national target program on socio-economic development in ethnic minority and mountainous areas; VND 18,000 billion for the national target program on sustainable poverty reduction; VND 27,000 billion for the national target program on building of a new countryside.
For the central budget’s development investment fund of VND 7,942.139 billion that has not yet satisfied the conditions for being allocated: The Government shall expeditiously review and improve the legal foundation and allocation plan before reporting them to the National Assembly Standing Committee for consideration and decision.
Besides, to allocate the central budget’s fund of VND 34,049 billion (including the development investment fund of VND 24,000 billion and the non-business fund of VND 10,049 billion) to ministries, central agencies and localities as follows: VND 14,429 billion for the national target program on socio-economic development in ethnic minority and mountainous areas (including the development investment fund of VND 9,000 billion, and the non-business fund of VND 5,429 billion); VND 8,620 billion for the national target program on sustainable poverty reduction (including the development investment fund of VND 6,000 billion and the non-business fund of VND 2,620 billion); VND 11,000 billion for the national target program on building of a new countryside (including the development investment fund of VND 9,000 billion and the non-business fund of VND 2,000 billion).
