Khanh Hoa strives to cut household poverty rate by 1.2%

The south central coastal province of Khanh Hoa aims to reduce the number of poor households by 1.2% in 2018.

In 2017, due to impacts of typhoon Damrey in early November, the number of poor households in Khanh Hoa increased by more than 2,600, making the province fail to meet the target of only 16,500 poor households in the year. At the end of 2017, Khanh Hoa had 21,540 near-poor households. 

Khanh Hoa aims to reduce the number of poor households by 1.2 percent in 2018. (Source: baokhanhhoa.vn)

The province has supported more than 8,100 poor and near-poor households, families of social welfare policies and those in difficulties having their houses destroyed by the storm, with more than VND60 billion (US$2.64 million), along with construction materials. 

Apart from distributing 1,000 tonnes of rice from the Government to storm-affected residents, Khanh Hoa has also used VND18.5 billion from its own budget to purchase rice for storm victims. 

In 2018, the locality will continue to mobilise different resources to overcome consequences of the typhoon. 

Banks in the locality will offer an array of incentives to help residents restore production.

It is estimated that some 7,000 households in Khanh Hoa will be subject to charged-off debts worth VND150 billion (US$6.6 million). 

Khanh Son and Khanh Vinh, the two mountainous districts with numbers of poor and near-poor households making up 62% and 59.6% of total population, will be assisted with varieties of plants and animals and social welfare programmes.

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