On November 7, 2023, the Government issued Decree 78/2023/ND-CP amending and supplementing a number of articles of Decree 32/2017/ND-CP on State investment credit.
Specifically, Decree 78/2023/ND-CP amends and supplements a number of articles of Decree 32/2017/ND-CP regulating the State's investment credit capital plan as follows:
(1) Before July 31 every year, the Vietnam Development Bank develops the State's investment credit capital plan for the following year and sends it to the Ministry of Planning and Investment and the Ministry of Finance with the following contents:
- Implementation situation and results of implementing the State's investment credit capital plan for the year of implementation, expected State investment credit capital plan for the following year;
- Ability to mobilize capital and balance capital sources to implement the State's investment credit capital plan;
- Plan to compensate for preferential credit interest rates, management fees, and charter capital of the Vietnam Development Bank to implement the State's investment credit capital plan next year;
- Operational solutions, implementation organization and expected results.
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(2) Before August 31 every year, the Ministry of Planning and Investment shall preside over and coordinate with the Ministry of Finance and Vietnam Development Bank to review and complete the State's investment credit capital plan for the following year. Built by Vietnam Development Bank;
(3) Before December 31 every year, the Ministry of Planning and Investment shall preside over and coordinate with the Ministry of Finance to report to the Prime Minister to assign the target of total State investment credit growth or total planned level. next year's State investment credit capital plan for the Vietnam Development Bank.
Thus, the State's investment credit capital plan is built during the above period according to the provisions of Decree 78/2023/ND-CP.
See also Decree 78/2023/ND-CP effective from December 22, 2023.
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