A Twist in the Tale
Monetary policy forecast unlikely to loosen further
1.
The Thái Bình Province’s Steering Committee for Flood and Storms Prevention and Control has proposed to use VNĐ300 million (US$13,300) from the provincial budget to buy 300 sets of raincoats for leaders.
Raincoats cost on average around VNĐ10,000 for a basic design, and up to VNĐ100,000 ($4.5) for a better put together one.
Besides the raincoats, the committee also proposed buying 300 pairs of rubber boots, 300 hats and 300 pairs of sandals for the leaders. Thus, the total budget for all items will be VNĐ396 million ($17,600).
The proposal was signed by Phạm Văn Dụng, director of the provincial Department of Agriculture and Rural Development (DARD) and deputy director of the provincial steering committee for flood and storms prevention.
Much to the approval of local residents, the Thái Bình Province People’s Committee temporarily stopped the proposal. The committee gave instructions to the provincial DARD to better research prices, and then report to the committee. — VNS
