$20 billion for post-disaster recovery fund

Source: Internet
Author: User
Keywords Fund Treasury
Tags disaster recovery environment finance projects recovery speeding speeding up
Xinhua Beijing, December 28 (Xinhua Han, Roxatidine) The Ministry of Finance 28th, said that the central finance has been issued in Sichuan, Gansu, Shaanxi Province in the three 2010 years after the disaster Recovery and reconstruction fund budget 20 billion yuan, of which Sichuan 17 billion, Gansu 2 billion yuan, Shaanxi 1 billion yuan.  The finance ministry said the funds would be used to support more than 3,200 projects related to the production and life of the population in the three provinces, including urban and rural infrastructure, ecological environment, disaster prevention and mitigation, and industrial reconstruction.  In accordance with the party center and the State Council's decision to accelerate the reconstruction of earthquake-stricken areas and expand domestic demand and promote stable and rapid economic growth, the central government has speeded up the progress of the recovery and Reconstruction Fund, and the budget of the 2009 Post-disaster Recovery fund has all been issued.  Statistics show that up to now, the central government has issued a total of 221.5 billion yuan in the post-disaster Recovery and reconstruction Fund, accounting for 73.8% of the overall size of the 300 billion Yuan fund. The Treasury Department said that the next step, the central Treasury will continue to restore the recovery in the aftermath of post-disaster reconstruction fund for post-disaster recovery, to strive for two years to basically complete the original target of three years to provide a strong guarantee.
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