THE PRIME MINISTER

Decision No. 852/QD-TTg of July 10, 2012, approving the development strategy of the Vietnam Bank for Social Policies during 2011-2020
THE PRIME MINISTER
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the Government’s Decree No. 78/2002/ND-CP of October 4, 2002, on credit for the poor and other policy beneficiaries;
Pursuant to the national strategy for socio-economic development during 2011-2020;
At the proposal of the Vietnam Bank for Social Policies in Documents No. 103/TTr-NHCS of July 21, 2011, No. 38/BC-NHCS of January 13, 2012, and No. 1878/BC-NHCS of May 24, 2012,
DECIDES:
Article 1.To approve the development strategy of the Vietnam Bank for Social Policies during 2011-2020, with the following contents:
1. Social policy credit is a solution to achieving the target of basically and sustainably reducing poverty and therefore should be implemented actively and effectively.
2. To raise the operational capacity of the Vietnam Bank for Social Policies to make it truly an effective instrument for implementing the State’s credit policy on support for fast and sustainable poverty reduction in the socialist-oriented market economy, contributing to successfully implementing the 2011-2020 socio-economic development strategy, the sustainable poverty reduction program to 2020 and the national target program on building a new countryside during 2010-2020.
3. To uniformly promulgate socio-economic development programs involving social policy credit and allocate adequate resources for their implementation.
4. Overall objective

To stably and sustainably develop the Vietnam Bank for Social Policies which is capable of properly implementing the State’s social policy credit, in association with developing more effective support services for the poor, near-poor households and other policy beneficiaries.