Gov't approves national target program on poverty reduction for 2021-2025

Permanent Deputy Prime Minister Pham Binh Minh has signed Decíion No. 90/QD-TTg approving the national target program on sustainable poverty reduction for the 2021-2025 period with total funding of at least VND 75,000 billion.

The overall goal of the program is to achieve multidimensional, inclusive and sustainable poverty reduction.

The program targets to reduce the nationwide poverty rate by 1-1.5 percent, by over 3 percent among ethnic minority households, and by 4-4.5 percent in poor districts per year.

The number of poor and near-poor households is expected to decrease by half by 2025, according to the program.

The program has six projects, namely:

Project 1: Support for development of socio-economic infrastructure in poor districts

Projects 2: Diversify livelihoods, develop poverty reduction models

Project 3: Support production development, improve nutrition

Project 4: Vocational training and sustainable employment development

Project 5: Housing support for poor households and near-poor households in poor districts

Project 6: Communication

Project 7: Capacity building and evaluation of the program implementation.