Decision No. 02/2000/QD-BTC of the Ministry of Finance issues the regulation on resubmitting loans from government foreign borrowing/lending, applicable to relevant agencies in managing and using foreign loan capital.
Key points
- The State Bank of Vietnam and designated credit organizations → must implement resubmitting loans from government foreign borrowing/lending according to this regulation → Article 3
- Projects and programs using resubmitted loan funds must comply with public debt management conditions and project selection criteria → Article 4
- The State Bank of Vietnam is responsible for reviewing project and program applications before deciding to resubmit loans → Article 5
- Designated credit organizations must collect principal and interest from beneficiaries according to the provisions of this regulation → Article 6
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❓ Frequently asked questions
Which credit organizations are designated to implement resubmitting loans from government foreign borrowing/lending?
According to the regulation, the State Bank of Vietnam will designate specific credit organizations to carry out this task → Article 3.
Which projects can use resubmitted loan funds from government foreign borrowing/lending?
Projects and programs must comply with public debt management conditions and project selection criteria specified by the State Bank of Vietnam → Article 4.
Full text
REGULATIONếd.1. Amount of taxable income in Vietnam: DECISION OF THE MINISTER OF FINANCE
ISSUING REGULATIONS ON RE-LENDING FROM FOREIGN AID LOANS FUNDED BY THE GOVERNMENT.
THE MINISTER OF FINANCE
BASED ON DECREE NO. 15/CP OF MARCH 2, 1993, ISSUED BY THE GOVERNMENT, PROVIDING THE TASKS, POWERS, AND RESPONSIBILITIES FOR STATE MANAGEMENT OF MINISTRIES AND GOVERNMENTAL BODIES AT THE MINISTERIAL LEVEL;
BASED ON DECREE NO. 178/CP OF OCTOBER 28, 1994, ISSUED BY THE GOVERNMENT, PROVIDING THE TASKS, POWERS, AND ORGANIZATIONAL STRUCTURE OF THE MINISTRY; Article 3. Method of submitting reports by credit rating service enterprises
BASED ON DECREE NO. 90/1998/NĐ-CP OF NOVEMBER 7, 1998, ISSUED BY THE GOVERNMENT, PROVIDING REGULATIONS ON MANAGEMENT OF FOREIGN LOANS AND DEBTS;
BASED ON DECREE NO. 87/CP OF AUGUST 5, 1997, ISSUED BY THE GOVERNMENT, PROVIDING REGULATIONS ON MANAGEMENT AND USE OF OFFICIAL DEVELOPMENT ASSISTANCE;
BASED ON LETTER NO. 672/CP-QHQT OF JULY 6, 1999, ISSUED BY THE GOVERNMENT, APPROVING THE CONTENT OF REGULATIONS ON RE-LENDING FROM FOREIGN AID LOANS FUNDED BY THE GOVERNMENT;
At the proposal of the Director of the Department of Foreign Finance,
DECISION:
Article 1. ATTACHED TO THIS DECISION IS THE REGULATION ON RE-LENDING FROM FOREIGN AID LOANS FUNDED BY THE GOVERNMENT.
Article 2. THIS DECISION SHALL TAKE EFFECT 15 DAYS AFTER THE DATE OF SIGNATURE. THE RELATED DEPARTMENTS AND BUREAUS OF THE MINISTRY OF FINANCE, AS WELL AS THE HEADS OF THE RELATED GOVERNMENTAL BODIES AND UNITS, ARE RESPONSIBLE FOR IMPLEMENTING THIS DECISION./.
DEPUTY MINISTER
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