Dong Nai to spend VND 84 billion on market stabilization

05:06, 10/06/2011

(ĐN)- The Dong Nai Provincial People’s Committee has just approved a price stabilization program for the 2011-2012 period with a total budget of VND84 billion.

(ĐN)- The Dong Nai Provincial People’s Committee has just approved a price stabilization program for the 2011-2012 period with a total budget of VND84 billion.

Businesses that take part will be granted zero-interest-rate loans to keep their prices constant and their supplies stocked. Money received will be spent on reserving six kinds of essential consumer goods comprising rice, sugar, cooking oil, pork, chicken and eggs. The stabilized price on them will be at least 10 percent lower than that on the market.

So far, seven enterprise has joined in the price stabilization program in the province for the 2011-2012 period.

Reported by K.N