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China Development Bank steps up financial support for poverty relief

2020-5-22 11:53

 

BEIJING, May 21 (Xinhua) -- The China Development Bank (CDB), one of the country's policy banks, has stepped up financial support for poverty alleviation resettlement programs as the country aims to achieve its goal of eliminating absolute poverty this year.

The CDB is expected to complete its annual loan issuance plan for the relocation programs in advance at the end of the third quarter of the year, it said in a statement on its website.

The bank extended a total of 2.7 billion yuan (about 381 million U.S. dollars) in loans in the first quarter in support of 30 poverty alleviation relocation programs. This added to the total to 23.9 billion yuan which supports relocation programs in 92 counties and has benefited some 300,000 relocated people so far.

It vowed to extend the loans at concessional rates to projects that facilitate the development of resettlement areas while strengthening management and supervision over these projects after loan issuance.

Founded in 1994, the CDB is designed to provide finance to major national projects and development strategies.

 

新华社北京5月21日电国家开发银行(CDB)表示,为实现今年消除绝对贫困的目标,将加大对扶贫安置项目的资金支持力度。


国家开发银行在其网站上的一份声明中表示,预计该行将在今年第三季度末提前完成搬迁项目的年度贷款发放计划。


银行在第一季度总共发放了27亿元人民币(约合3.81亿美元)的贷款,以支持30个扶贫搬迁项目。再加上支持92个县转移安置项目239亿元,目前已使30多万转移人口受益。


政府承诺将以优惠利率向有利于安置区发展的项目提供贷款,同时在贷款发放后加强对这些项目的管理和监督。


国家开发银行成立于1994年,旨在为国家重大项目和发展战略提供资金。

 

来自: xinhua