Financial aid for disaster-caused housing damage in central Vietnam

Prime Minister Nguyen Xuan Phuc has decided to allocate 89.11 billion VND (3.86 million USD) sourced from the central budget reserves for five central provinces hit hard by natural disasters in October to help address housing damage.
Financial aid for disaster-caused housing damage in central Vietnam ảnh 1Rescuers save residents from a flooded house in central Quang Binh province in 2020 (Photo: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has decided to allocate 89.11billion VND (3.86 million USD) sourced from the central budget reserves forfive central provinces hit hard by natural disasters in October to help addresshousing damage.

Thebeneficiaries consist of Nghe An (1.26 billion VND), Ha Tinh (8.43 billionVND), Quang Binh (4.89 billion VND), Quang Nam (69.81 billion VND), and BinhDinh (4.72 billion VND).

Thesupport is provided under the Government’s Resolution No. 165/NQ-CP, issued onNovember 5 last year, on financial aid for some central and Central Highlandslocalities to settle housing damage caused by natural disasters in October.

Inthe decision, the PM assigned the People’s Committees of these provinces tobase on the resolution to use funding from the central budget, their localbudgets, and other legal financial sources in line with regulations.

Theywere also requested to ensure the support is used in a timely, effective, andtransparent manner and benefits the targeted groups while preventingwrongdoings and strictly handling violations.

Back-to-backstorms and prolonged flooding took devastating toll on the central and CentralHighlands regions in October.

Natural disasters had claimed 280 lives and caused totallosses of approximately 29.9 trillion VND in Vietnam from the beginning of 2020to mid-November, according to a report by the National Steering Committee forNatural Disaster Prevention and Control.

They had also injured 856 people and left 66missing. Torrential rain, floods, and landslides had destroyed 3,420 houses,damaged over 327,700, and submerged nearly 509,800, affecting the livelihoodsof millions of people./.
VNA

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