Nghe An mobilizes total capital of more than 67,000 billion VND to build new rural areas

Mobilized capital sources include: Balanced sources allocated from the State budget; credit sources; other mobilized sources including in-kind and labor of participating people converted into money.

People of Minh Thanh commune (Yen Thanh) work on rural traffic. Photo: Thu Huyen

Specifically:

- State budget capital directly supports program implementation of 1,960 billion VND(in which: Central budget capital is 1,295 billion VND; Local budget capital is nearly 665 billion VND), raising the total budget capital for the 2011 - 2020 period to 8,814 billion VND;

- Combined capital from programs and projects is 2,100 billion VND, raising the total budget capital for the 2011 - 2020 period to nearly 12,700 billion VND;

- Enterprise capital is 450 billion VND, raising the total budget capital for the 2011 - 2020 period to nearly 3,231 billion VND;

- Credit capital is 5,100 billion VND, raising the total budget capital for the 2011 - 2020 period to more than 32,037 billion VND;

- People's capital contributed nearly 1,027 billion VND, raising the total budget capital for the 2011 - 2020 period to more than 10,236 billion VND.

Graphics: Lam Tung

The management and use of the Program's resources are carried out in accordance with the Law on Public Investment, the Law on State Budget, the Government's Decrees and Resolutions, and the Prime Minister's Directives.

Mr. Nguyen Van Hang - Deputy ChiefNew Rural Development Coordination OfficeThe province said: Currently, Nghe An is promoting the disbursement of budget capital sources according to the capital plan allocated to localities. As of July 30, 2020, Nghe An provincedisbursementThe capital plan for the National Target Program on New Rural Construction reached more than 637 billion VND, equivalent to 59.45% of the assigned plan and strives to disburse all the capital plan assigned by the Central Government by the end of 2020.

The Provincial People's Committee has assigned the target of supporting cement for rural roads to implement the National Target Program on New Rural Construction with the total amount of cement provided since the program was implemented to date being 674,926 tons, equivalent to 3,756 km (100% of the plan). The province has spent nearly 1,050 billion VND from the budget to implement the cement support policy to date.billion dong(including shipping costs);In the period 2016 - 2019, the Provincial People's Committee granted 215,152 tons equivalent to 1,223 km.

- Regarding welfare project awards for communes that meet New Rural standards: 218/265 communes that met the standards have been awarded with a total award cost of 109 billion VND.(reward 500 million VND/01 welfare project for qualified commune).

Thu Huyen