Nghe An spends over 1.525 billion VND on economic development.
(Baonghean.vn) - According to the Department of Finance, in 2016, Nghe An province allocated 1,525 billion VND to the economic sector, 91 billion VND higher than in 2015.
Funding was allocated to various tasks, including: rewarding communes that met the criteria for new rural development with 500 million VND per commune; surveying, establishing a cadastral database, and issuing land use right certificates with 19.649 billion VND; increasing entrusted capital for lending through the Social Policy Bank by 4 billion VND; increasing interest rate support for plows and agricultural machinery (including debt repayment) by 4.5 billion VND; increasing support for rice cultivation land by 4.3 billion VND; and increasing project counterpart funding by 2 billion VND.
The province continues to allocate funds to implement the following policies: 7 billion VND for livestock and poultry disease prevention (an increase of 2 billion VND); 3 billion VND for the Farmers' Support Fund; 5 billion VND for the application of scientific and technological advancements in high-tech production; 10 billion VND for poverty reduction support policies for communes with a poverty rate of 30% or more outside of Resolution 30a and matching funds for Resolution 30a; 5 billion VND for social mobilization policies according to Decree 69/2008/ND-CP; 5 billion VND for Hoang Mai Industrial Park support; 35 billion VND for planning; 15 billion VND for rural transportation support; 35 billion VND for repayment of cement loans for new rural construction; 42 billion VND for investment attraction support policies; 12 billion VND for encouraging the development of small industrial parks; 35 billion VND for subsidies for peanuts, tea, oranges, passion fruit, and agricultural development policies.
| Graphics by Tuan Vu |
Several other expenditures were made in 2016, including: Fisheries development policy (16.61 billion VND); Interest rate support for plows and agricultural machinery (15.266 billion VND, an increase of 4.525 billion VND, including interest payments on loans from 2011-2014); Stimulating small-scale irrigation for industrial crops and small reservoirs (4 billion VND); Policy for upgrading passenger wharves and boats for cross-river passenger transport (2 billion VND); Expenditure on trade promotion, resettlement programs, and permanent settlement programs (over 4 billion VND).
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| In 2016, interest rate subsidies of over 15 billion VND will be provided for loans to purchase plows and agricultural machinery. |
Expenditure on environmental services is 121 billion 880 million VND. This includes allocation for environmental services related to medical waste treatment and environmental remediation at hospitals and medical centers.
Funding for subsidies to the One-Member Limited Liability Company operating in the field of irrigation is 9.5 billion VND; Funding for subsidies to exempt or reduce irrigation fees is 229.829 billion VND (an increase of 18.624 billion VND).
Funding for transportation projects is 32 billion VND; urban development expenditure is 76 billion 448 million VND; and expenditure for agricultural, forestry, fisheries, and other economic activities is 242 billion 917 million VND (an increase of 13 billion 451 million VND).
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