Poverty reduction targets achieved ahead of schedule

THE government has met its goal for reducing poverty and ensuring social security from 2016 to 2020, basically ensuring that no commune or village is in extremely poor condition.

The city has completed poverty reduction targets two years earlier than scheduled and the number of households with decent incomes is increasing.

Poor households in Hanoi accounted for 3.64% of the total in 2016 and the rate was reduced to 0.42% as of June this year.

Currently, only 8,754 households in Hanoi are classified as poor.

The city’s government considers reducing poverty and ensuring social security as a key socioeconomic development task, and has issued many mechanisms and policies for poverty reduction.

So far, poverty has been eradicated in eight districts of Hanoi.

According to an official of the city’s Department of Labour, Invalids and Social Affairs, many districts and towns in the city have taken solutions to perform economic development tasks and build new-style rural areas to reduce poverty.

Every month, the city provides financial support to elderly people who can’t look after themselves and those with serious health conditions who can’t work. Every year, the city provides bank loans to help poor households and people with disabilities develop businesses.

Housing for the poor is granted or repaired with the city’s support.

Between 2016 and 2020, the city either built or repaired 7,565 houses for poor families.

More than 75,000 people who are beneficiaries of social policies have received vocational training.