(HBO) - After five years of implementing Directive 40 issued on November 22, 2014 by the 11th Party Secretariat on the strengthening of Party leadership over social policy credit, the amount of local trusted capital in Hoa Binh has reached over 47.7 billion VND, 41.4 billion VND higher or 691 percent rise compared to that in December 31, 2014. The amount accounts for 1.4 percent of the total capital of the Vietnam Bank for Social Policies in the province.

Of the total, 19 billion VND was sourced from the provincial budget, up 220 percent compared to that in 2014, while over 28 billion VND was transferred from the district and city’s budget, a rise of 100 percent over 2014.

So far, 100 percent of the People’s Committees of districts and city have transferred resources from the budget to the Vietnam Bank for Social Policies in the province. Localities with high transferred amount included Hoa Binh City, Kim Boi, Lac Son, Tan Lac and Luong Son districts.

Meanwhile, communal Women Unions also transferred 100 million VND to the bank./.


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