Mr. Nguyen Van Toan, the Vice Chairman of the Provincial People's Committee, the Head of the Representative Committee of the Board of Directors of the Provincial Bank for Social Policies was making a conclusion speech at the conference.

In 2023, the Representative Committee of the Board of Directors of the Provincial Bank for Social Policies at all levels, the provincial branches of the Bank for Social Policies, and the entrusted socio-political organizations have actively implemented the policy and social policy credit in the area and successfully completed the assigned tasks. Accordingly, the credit plan targets all met or exceeded the resolution goals set by the Representative Committee; the preferential capital sources covered up to 100% of the villages and hamlets and were quickly and promptly conveyed to the beneficiaries

During the year, the loan sales were estimated at over 1,237 billion VND, with over 27.5 thousand turns of borrowers. So far, the total outstanding debt has been estimated at over 4,824 billion VND/19 credit programs, with nearly 103 thousand households with the outstanding debt, increasing 635 billion VND (up 15.2%) compared to December 31, 2022. The policy capital has helped create, maintain and expand jobs for more than 8,130 employees; newly building and purchasing 105 social housing apartments; Helping 146 students borrow money for the study expenses; 107 employees went abroad to work under fixed-term contracts; building and upgrading 9,055 clean water works and 8,799 sanitation works in the rural areas.

At the conference, members of the Representative Committee discussed the difficulties and shortcomings in implementing the social policy credit, such as disbursement of the capital from the loan program for employees working abroad under contracts of Decree No. Decision No. 216/2022/NQ-HDND is still slow; The local budget capital transferred to the Bank for Social Policies is lower than that of the national average...

Making the conclusion speech, the Vice Chairman of the Provincial People's Committee proposed that in 2024, Representative Committee of the Board of Directors of the Provincial Bank for Social Policies at all levels promote inspection and supervision to detect the models for replication and promptly resolve difficulties and problems. It is necessary to enhance the role of socio-political organizations in receiving the entrusted loans from Bank for Social Policies. The relevant departments and branches need to review to advise the Provincial People's Committee so that they supplement the provincial budget capital entrusted to the Bank for Social Policies. In addition, it is suggested developing plans to implement the Government's credit programs; Promoting labor export activities and strengthening propaganda to bring capital to the beneficiaries.