The HCM City People’s Committee held a meeting on July 2 to assess the results of the Hunger Eradication and Poverty Alleviation Program in the first half of the year.
HCM City vice chairman Nguyen Thanh Tai (R) awards Labor Medals to representatives of districts that have made great achievements in eradicating hunger and alleviating poverty on July 2 (Photo: SGGP)
It reported that there are 156,634 poor families in the city with more than 708,200 members, accounting for 11.74 percent of the population. They have an average annual income of less than 12 million per capita.
The Program’s Hunger Eradication and Poverty Alleviation Fund has provided loans worth over VND181 billion (US$10.2 million) to 41,000 poor households for setting up small businesses.
Besides the Vietnam Bank for Social Policies has given loans worth VND160.6 billion for the same purpose, and the National Job Fund disbursed VND13.2 billion. The National Job Fund also created over 1,400 jobs for poor people.
The steering committee of the HCM City Hunger Eradication and Poverty Alleviation and Jobs has helped 17,260 poor workers who had lost their jobs due to recession find new jobs, 163 of them abroad.