Close to US$12 mln allocated to refill national rice stockpile
The National Assembly (NA)’s Standing Committee has adopted a resolution on additional funding for the purchase of rice to refill the national stockpile.
A total of VND274 billion (US$11.8 million) from the 2020 State budget will be used to purchase the rice and offset volumes taken from the stockpile for emergency relief and assistance from June 1, 2019 to May 31, 2020.
The purchase will come to 23,000 tonnes.
The NA Standing Committee also urged relevant ministries and agencies to properly and effectively manage and use national reserves.
Earlier this week, the Government decided to assist five central provinces hit hardest by the devastating floods in recent days, with 5,000 tonnes of rice sent from the national stockpile. Each province will receive 1,000 tonnes.
The historic flooding had killed 111 people and left 22 missing as of October 21, according to the Central Steering Committee for Natural Disaster Prevention and Control.
