Needy allowances
Source: Xinhua |
October 13, 2012, Saturday
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Print Edition
Print Edition
CHINA has set aside 69.6 billion yuan (US$11 billion) from the central budget to pay for subsistence allowances to be given to needy rural and urban families next year, the Ministry of Finance said yesterday. Of the fiscal spending, 35.1 billion yuan will be used for urban allowances, while the rest will be distributed in rural areas, according to a statement from the ministry. The central government has earmarked 87.5 billion yuan for minimum living allowances since the start of this year, with 44.36 billion yuan given to urban poor families.
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