(HBO) – With 10 projects and 36 subprojects, Hoa Binh's project on socio-economic development in ethnic and mountainous areas programme for 2021-2025 has significantly contributed to boosting economic growth, helping reduce poverty sustainably among ethnic people in the province.
The kindergarten of My Hoa commune in Kim Boi district. Under the programme, many schools in the province have been improved, helping students to have a better learning environment.
Implementing Resolution No. 120/2020/QH14 dated June 19, 2020 of the National Assembly on approving investment policy of the national target programme on socio-economic development of ethnic minority and mountainous regions in the 2021-2030 and Decision No. 1719/QD-TTg on approval of the national target programme for socio-economic development in ethnic minority and mountainous areas in the period of 2021-2030, in December 2021, Hoa Binh People’s Committee issued Decision No. 3043/QD-UBND approving a project to implement the national target programme for socio-economic development in the 2021-2025 period in the province. In the project's Phase I from 2021 - 2025, 10 component projects with a total budget of over 9.69 trillion VND (413 million USD) will be implemented.
According to Dinh Thi Thao, head of the provincial Ethnic Affairs Department, to realise the project, the department has guided localities in making lists of works in villages and hamlets proposed by local communities to submit to district-level People's Committees, which will verify and submit to the provincial authorities for annual budget allocation.
To date, over 71.3 billion VND, or 5.76% of the total planned capital, including capital transferred from 2022 to 2023, of the national target programme for socio-economic development in ethnic minority and mountainous areas has been disbursed.
The capital has been used in many projects in the fields of clean water, health care, education, rural transport and irrigation works, giving a facelift to rural and ethnic minority communes in the province.
Aware of the important role of the national target programme for socio-economic development in ethnic minority and mountainous areas, in the coming time, the department will continue to coordinate with sectors, departments, districts and city to intensify communications to create consensus in society.
The department will focus on building and perfecting mechanisms, policies, and guidelines for programme implementation, and guide localities to speed up the completion of investment procedures and disbursement of investment capital.
Besides, it will also review and give advice on amendment, replacement and abolition of legal documents related to ethnic minority policies that are no longer relevant to ensure the consistency and synchronisation of the legal system in order to carry out the implementation of the programme effectively./.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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