Credit policy helps the poor access loans for production
(VOVWORLD) -Prime Minister Nguyen Xuan Phuc has hailed credit programs as a sound policy of the Party and State that contributes to social development and creates a momentum for sustainable poverty reduction.
 Prime Minister Nguyen Xuan Phuc addresses the conference (Photo: VNA) |
He made the remark yesterday when chairing a teleconference with leaders of 63 localities nationwide to review 15 years of implementing credit policies for the poor through the Vietnam Bank for Social Policies (VBSP). He expressed his pleasure with the efficiency of 20 credit programs that the VBSP is running, helping nearly 7 million poor households and other needy groups access loans.
Noting that Vietnam still has 1.9 million poor households and 1.3 million others living close to the poverty line, the Government leader asked policy credit officials to try to grasp the poor’s expectations and demands, thus better serving them.
He also urged the bank to promote the application of advanced technologies and diversify their products and services in order to create optimal conditions for customers to access preferential loans.