HCM CITY (VNS) — HCM City will raise its poverty line to VND16 million per person per year for the 2014-15 period, according to the city's Department of Labour, Invalids and Social Affairs.
Families with an income of VND16-21 million per person per year will be considered living near poverty line.
Under the city's current poverty line, households with an income of less than VND12 million per person per year are considered poor.
The country's poverty line is VND400,000 per person per month in rural areas and VND500,000 per person per month in urban areas.
Nguyen Van Xe, deputy director of the city's Department of Labour, Invalids and Social Affairs, said the third phase of the programme on reducing poverty and increasing wealth of middle-income families would be completed two years ahead of schedule.
Xe spoke at a meeting between the National Assembly Standing Committee's supervisory delegation and the city's People's Committee on Thursday last week.
The third phase is scheduled to be implemented in the 2009-15 period.
As of this month, the city has 16,000 households living under the city's poverty line, accounting for 0.8 per cent of the population.
Nine of the city's 24 districts have no households considered poor.
At the meeting, city officials said some poor households might not receive help because the city's poverty line is higher than the country's poverty line.
City officials have petitioned the Government to allow the city to continue applying national poverty support policies for the city's poor and near-poor households in the 2014-20 period.
City officials asked the Government to allow the city's poor and near-poor households to borrow loans from preferential loan programmes of the Bank of Social Policy.
Nguyen Trong Dam, deputy minister of Labour, Invalids and Social Affairs, said the ministry would gradually withdraw Government's support funds for poor and nearly poor households in Ha Noi, Da Nang, HCM City and Binh Duong Province, which have a higher poverty line than the country's. —VNS