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VietNamNews

Financial aid for storm-hit provinces

Update: October, 24/2016 - 10:58
The Prime Minister will allocate VNĐ260 billion (US$11.7 million) from the central budget’s reserve to assist 12 northern localities seriously affected by storms earlier this year. — Photo dantri.com.vn

HÀ NỘI — The Prime Minister will allocate VNĐ260 billion (US$11.7 million) from the central budget’s reserve to assist 12 northern localities seriously affected by storms earlier this year.

According to officials, Nam Định will receive VNĐ50 billion ($2.25 million); Thái Bình, VNĐ40 billion ($1.8 million); Hà Giang, Lào Cai, VNĐ30 billion ($1.35 million) each; Ninh Bình, Hải Phòng, Hòa Bình VNĐ20 billion ($900,000) each; and Hà Nam, Điện Biên, Hưng Yên, Thanh Hoá, Sơn La, VNĐ10 billion ($450,000) each.

The money is to be spent on upgrading and repairing essential infrastructure, such as irrigation works, roads in rural areas and dikes.

Another VNĐ50 billion ($2.25 million) from the central budget will be delivered to Nam Định (VNĐ20 billion), Thái Bình (VNĐ20 billion), and Hưng Yên (VNĐ10 billion) to purchase seedlings and livestock for farmers.

Typhoon Mirinae, the first to strike Việt Nam this year, swept through the northern region at midnight on July 27, causing enormous human and property damage, with Hà Nam, Nam Định, Ninh Bình and Thái Bình provinces being the hardest hit. Meanwhile, Lào Cai and Yên Bái were battered by flash floods and landslides caused by heavy rains in the wake of typhoon Nida in early August.

The two storms flooded nearly 256,000ha of agricultural land in the affected localities, according to the Ministry of Agriculture and Rural Development. — VNS

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