Comrade Nguyen Long Bien, Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee, Head of the Board of Directors of the Provincial Bank for Social Policies received and worked with the Delegation.
According to the provincial branch of the Social Policy Bank, through the implementation of Directive No. 40-CT/TW, Conclusion No. 06-KL/TW of the Secretariat and the plan of the Provincial Party Standing Committee on strengthening the Party's leadership over social policy credit, the awareness and responsibility of local Party committees and authorities in fully and promptly implementing policies and guidelines on preferential credit, meeting the capital needs for production and business of poor and near-poor households and other policy beneficiaries in the province have been raised. As of November 20, 2023, the total capital reached VND 3,386.8 billion, an increase of VND 444.3 billion compared to 2022; of which, the balanced capital from the central government was VND 2,923.2 billion, mobilized capital was VND 356.9 billion, and local entrusted capital was VND 106.7 billion; Total lending turnover of credit programs reached 3,376.5 billion VND, with more than 80,100 customers/103,276 outstanding loans. The process of checking and monitoring the use of loan capital; the work of urging, recovering, handling, and preventing bad debts from arising was paid attention to and focused on. The results of building the development strategy of the Bank for Social Policies until 2030 were implemented safely, basically according to the set roadmap.
Comrade Nguyen Long Bien, Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee spoke at the meeting.
At the meeting, the Vice Chairman of the Provincial People's Committee further clarified the achievements as well as difficulties and shortcomings in implementing policy credit programs in the province. At the same time, he thanked the attention of the Bank for Social Policies for always accompanying, allocating capital in a timely manner, creating conditions for beneficiaries to access loans. Through review, the current demand for loans to support job creation in the province is still very large; however, due to difficulties and low annual budget revenue, the local budget capital entrusted to the Bank for Social Policies is still limited; he proposed that the General Director of the Bank for Social Policies consider and supplement additional capital for the province to ensure the implementation of this program.
After listening to the province's report and the contributions of the members of the working delegation, General Director of the Bank for Social Policies Duong Quyet Thang acknowledged and commended the results achieved by the province in the past time. He hoped that the province would continue to effectively implement Directive No. 40-CT/TW and Conclusion No. 06-KL/TW of the Secretariat; further promote the role and responsibility of Party committees, authorities at all levels, departments and branches in implementing social policy credit. Disburse preferential credit programs according to the right beneficiaries, especially the lending program according to Resolution No. 11/NQ-CP; at the same time, drastically implement solutions to improve the quality of savings and loan groups; activities of receiving trust from associations, unions and commune transaction points. Focus on propaganda and dissemination of new lending policies, orienting people to invest in suitable production models. Strengthen inspection and supervision of the use of capital by borrowers...
Comrade Duong Quyet Thang visited the production situation of borrowers in Bac Son commune (Thuan Bac). Photo: H. Lam
* Previously, comrade Duong Quyet Thang and the working delegation inspected the implementation of credit programs according to Resolution No. 11/NQ-CP of the Government in Thuan Bac district and met and discussed with some households borrowing capital in Bac Son commune; encouraged people to use the loan capital reasonably, invest in effective cultivation and livestock, increase income, and escape poverty.
Hong Lam
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