Government looks into social welfare package for pandemic-affected groups

6/4/20
At the Government meeting
Permanent Cabinet members deliberated the social welfare package for people affected by the COVID-19 pandemic during their meeting in Hanoi on April 5.

In his remarks, Prime Minister Nguyen Xuan Phuc said the Government and the entire political system have devoted workforce, time and wisdom to the fight against the disease, which has brought initial results.

Apart from declaring a nationwide epidemic, a range of essential measures have been employed across the country to combat the disease, he added.

The leader said the Government has spent time discussing the social welfare package in order to soon provide the assistance for those in difficult circumstances, stressing that after the package, the Government will focus on removing difficulties in production and businesses and accelerating the disbursement of public investment.

Through different measures and resources, the State must seek ways to support vulnerable groups, he emphasised.

In that spirit, the PM asked the Ministry of Planning and Investment and concerned ministries and agencies to submit relevant reports to the National Assembly Standing Committee on April 6.

Of the seven groups subject to the package, six will benefit from the State budget while the remaining group - businesses - will be allowed to access bank loans with a zero percent interest rate to support their workers, according to the PM.

The first priority should be given to the poor, near-poor, national contributors and those with deeply-decreased income due to COVID-19, he said.

Savings from reductions in regular spending, conferences, overseas trips and festivals, increases in 2019 income and other resources would fund the package, the leader suggested.

Stressing the responsibility of local authorities and businesses in materialising the package, PM Phuc said it is necessary to ensure democracy, publicity and transparency in the work./.
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All comments [ 5 ]


Duncan 6/4/20 10:36

Viet Nam is an example of countries in the region that channelled additional fiscal resources into the health system through their COVID-19 stimulus packages.

Enda Thompson 6/4/20 10:40

the social welfare package is really necessary for those in difficult circumstances due to the Covid-19

Egan 6/4/20 10:42

In Vietnam, infected individuals quarantined outside of the home are entitled to a daily food allowance of VND 60,000 (US$2.59), while those quarantined at home receive VND 40,000 (US$1.72)

Herewecome 6/4/20 10:44

In view of the rapidly deepening economic consequences of the COVID-19 crisis, Vietnamese government has put in place measures to provide income support to the population through social assistance or other tax-financed benefits.

Robinson Jones 6/4/20 10:46

In order to alleviate liquidity constraints on enterprises, Vietnam has decided to allow enterprises to postpone the payment of social insurance contributions and taxes.

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