Headlines 05/06/2021 08:34 SA

Government gives the nod to the 3rd reduction in electricity prices due to Covid-19

Thu Linh

This is the highlight of the Resolution No. 55/NQ-CP dated June 2, 2021, regarding the plan for the 3rd reduction in electricity prices and bills due to Covid-19 impacts.

According to this Resolution, the Government agrees to the third support plan for reduction in electricity prices and bills for Covid-19-stricken users that is proposed by the Ministry of Industry and Trade.

Concurrently, the Ministry of Industry and Trade will preside over and cooperate with the Ministry of Finance and relevant authorities in:  

 - Implementing the plan according to statutory processes, procedures and laws, ensuring stringency, correct beneficiaries and avoidance of racketeering on the state’s support policy.

- Totally bearing responsibility for contents and data of the report and proposal.

Previously, in the Resolution No. 180/NQ-CP dated December 17, 2020, the Government agreed to the 2nd reduction in electricity prices and bills for multiple beneficiaries impacted by Covid-19 (Click here for more details).

Resolution No. 55/NQ-CP is entering into force as of June 2, 2021.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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