HCMC assures funds still available for stimulus loans

Ho Chi Minh City has enough funds to subsidize loans for businesses under its stimulus program, People’s Committee leaders said at a meeting Thursday.

It would support 11 more projects soon, they said, in addition to the 16 others that have already been approved for interest-free loans of nearly VND1.1 trillion (US$61.8 million).

In addition, the city would continue to assign funding priority to traffic infrastructure and anti-flooding projects, the committee’s Chairman Le Hoang Quan said.

The leaders also ordered the agencies concerned to ensure the stability of prices after fuel prices recently edged up.

Minh Nam

thanhnien

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