Government issues VND5 trillion in bonds for rural construction


Image for illustration



Nhan Dan – The Prime Minister recently signed a decision in favor of using Government bonds with a total face value of nearly VND5 trillion (roughly US$235 million) to fund the national target programme on building new-style rural areas.




Accordingly, the regions of Vietnam are to receive funding according to their specific need, including the Northern Mountainous Region receiving VND1.515 trillion, the Red River Delta Region with VND603 billion, the Central Region (VND1.379 trillion), the Central Highlands Region (VND 351 billion), the Southeast Region (VND131 billion) and the Mekong Delta region, which is slated to receive VND786 billion.


The funds are earmarked for infrastructure investments in communes in accordance with the objectives of the programme, especially communes with special difficulties and remote border and island communes.





Government issues VND5 trillion in bonds for rural construction Related image(s)


0 comments:

Post a Comment

 
Top