THE PRIME MINISTER
Decision No. 28/2015/QD-TTg dated July 21, 2015 of the Prime Minister on credit policy for households escaping poverty
Pursuant to the Law on Government organization dated December 25, 2001;
Pursuant to the Law on the State bank of Vietnam dated June 16, 2010;
Pursuant to the Law on credit institutions June 16, 2010;
Pursuant to National Assembly’s Resolution No. 76/2014/QH13 dated June 24, 2014 on promoting the implementation of sustainable poverty reduction until 2020;
Pursuant to the Government’s Decree No. 78/2002 / ND-CP dated October 4, 2002 on credits for the poor and other beneficiaries of incentive policies;
At the request of the Governor of the State bank of Vietnam,
The Prime Minister promulgates the Decision on credit policy for household escaping poverty.
Article 1. Scope of adjustment
This Decision prescribing credit loans from the Bank for Social Policies for household escaping poverty to develop production and business in order to have a stable life and make sustainable poverty reduction.
Article 2. Subject of application
Households escaping poverty under the provisions of this Decision includes households that used to be poor, households living near poverty which have annual per capita income higher than the standard of households living near poverty through investigation and review under the provisions of the current law, are recognized by the People’s Committees of communes and of which names have been deleted from the list of poor households, households living near poverty for a maximum of 3 years.
Article 3. Loan fund
Loan fund is stipulated in the Government’s Decree No. 78/2002/ND-CP dated October 4, 2002 on credits for the poor and other beneficiaries of incentive policies.
