Effective implementation of preferential credit sources

Also attending the meeting were members of the Board of Directors and the Board of Directors of the Provincial People's Credit Fund.

Comrade Hoang Viet Phuong, Vice Chairman of the Provincial People's Committee chaired the meeting.

Total capital implemented by the end of March 2024 reached VND 4,295.7 billion, an increase of VND 518.2 billion over the same period last year, an increase of VND 81.9 billion compared to March 2023, reaching 98.3% of the plan. Loan turnover implemented in the first 3 months of 2024 reached over VND 317.2 billion, with 5,880 customers receiving loans.

In which, focusing on some credit programs such as: Loan program for poor households of 96,507 billion VND with 1,411 borrowers; loan program for near-poor households of 43.2 billion VND with 616 borrowers; loan program for newly escaped poverty households of 42.438 billion VND with 608 borrowers; loan program for production and business households in difficult areas of 53.813 billion VND with 750 borrowers; loan program for job creation support of 37.9 billion VND with 652 borrowers; loan program for clean water and rural environmental sanitation of 33.4 billion VND with 1,686 borrowers, investing in 1,686 clean water works and 1,659 sanitation works...

After listening to the members of the Representative Board discuss and propose some solutions to overcome difficulties, Vice Chairman of the Provincial People's Committee Hoang Viet Phuong agreed on the proposed tasks and directions.

The Vice Chairman of the Provincial People's Committee requested that in the second quarter of 2024, it is necessary to focus on disbursing credit programs, striving to complete the plan for outstanding loan growth of credit programs assigned by the Central and local governments. The focus is on closely coordinating with local authorities and socio-political organizations entrusted with reviewing loan subjects, strengthening inspection and supervision, ensuring publicity, transparency, correct beneficiaries, and proper use of capital.

In which, coordinate with the Provincial Police to implement Decision No. 22/2023/QD-TTg, dated August 17, 2023 of the Prime Minister on credit for people who have completed their prison sentences. In addition, it is necessary to focus on implementing solutions to consolidate and improve credit quality, promptly handle overdue debts, and focus on recovering and reducing overdue debts compared to the beginning of the year. Strive for the ratio of overdue debts and frozen debts to be below 0.38%, of which the ratio of overdue debts is below 0.23%...

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