Decision No. 29/2011/QD-TTg of the Government's Prime Minister issuing the List of Sectors and Fields Eligible for Preferential Interest Rates when Re-borrowing ODA Loans. This Decision takes effect from July 20, 2011.
Key points
- The List of Sectors and Fields Eligible for Preferential Interest Rates when Re-borrowing ODA Loans from the Government is issued pursuant to this Decision.
- This Decision takes effect from July 20, 2011.
🌐 Social impact of this document
- Citizens and businesses in sectors and fields eligible for preferential interest rates on re-borrowed ODA funds will benefit financially.
- Public investment projects may reduce interest payment burdens, thereby increasing the efficiency of capital utilization.
❓ Frequently asked questions
What does the List of Sectors and Fields Eligible for Preferential Interest Rates when Re-borrowing ODA Funds include?
The specific List of Sectors and Fields Eligible for Preferential Interest Rates when Re-borrowing ODA Funds will be issued together with this Decision.
When does this Decision take effect?
This Decision comes into force on July 20, 2011.
How will ongoing ODA re-borrowing projects approved before the effective date of this Decision be affected?
Programs and projects re-borrowing ODA funds where the conditions for re-borrowing were determined by competent authorities prior to the effective date of this Decision shall continue to apply the conditions already approved.
Who is responsible for implementing this Decision?
Ministers, Heads of ministerial-level agencies, Heads of agencies under the Government, Chairpersons of provincial People's Committees directly under the central government are responsible for implementing this Decision.
Full text
Pursuant to …;
Issuing the List of Sectors and Fields Eligible for Preferential Interest Rates when Borrowing Back Official Development Assistance (ODA) Loans from the Government
______________________________________
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to the Law on Public Debt Management dated June 17, 2009;
Pursuant to Decree No. 78/2010/ND-CP dated July 14, 2010 of the Government guiding the lending back of foreign loans from the Government;
Considering the proposal of the Minister of Finance,
DECISION:
Article 1. The List of Sectors and Fields Eligible for Preferential Interest Rates when Borrowing Back ODA Loans from the Government (hereinafter referred to as the List) accompanying this Decision shall guide the implementation of Point c Clause 2 Article 7 of Decree No. 78/2010/ND-CP dated July 14, 2010 of the Government on lending back foreign loans from the Government.
Article 2.
1. This Decision takes effect from July 20, 2011.
2. For programs and projects borrowing back ODA loans where the conditions for borrowing back have been determined by competent authorities before the effective date of this Decision, such approved conditions shall continue to be applied. In case of necessity, the Minister of Finance shall report
Article 3. THE MINISTERS, HEADS OF GOVERNMENT-LEVEL MINISTRIES, HEADS OF GOVERNMENT-LEVEL AGENCIES, AND CHAIRMEN OF PROVINCE AND CITY PEOPLE'S COMMITTEES DIRECTLY UNDER THE CENTRAL GOVERNMENT SHALL BE RESPONSIBLE FOR ENFORCING THIS DECISION./.
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