Government’s debt repayment between January and October was about VND298,222 billion
State Bank wants to 'legalize' bad debt handling | |
Black credit "trap": Take 30-minute quick loan, lifetime debt repayment | |
Improving efficiency of loan use associated with debt repayment liability |
The Government’s debt repayment in October is about VND7,308 billion. Photo: Internet |
The Government’s capital withdrawal from foreign loans in October was about US$56.8 million. The Government implemented the capital withdrawal between January and October of US$1,097 million, meeting 26% of the annual target approved by the Prime Minister.
The allocated capital was US$798 million and the on-lending amount was US$298 million.
According to Decision 856 of the Prime Minister, the external loan plan in 2021 was VND96,864 billion. Of which, the on-lending was VND44,448 billion and the Government’s repayment was VND394,506 billion.
On October 19, 2021, the Ministry of Finance sent Report 182 to the Prime Minister on adjusting the public borrowing and debt payment plan in 2021 in accordance to reality. Accordingly, the external loan plan is VND51,297 billion and the public loan plan is VND463 billion.
The Government’s debt repayment in October reached VND7,308 billion. Of which, the public debt repayment was VND3,842 billion and external debt repayment was about VND3,466 billion.
The Government’s total debt repayment in tens month of 2021 was VND298,222 billion, accounting for 75.6% of the plan. The direct debt repayment was about VND278,577; the on-lending debt repayment was about VND19,646 billion.
Since earlier in the year, the Government has signed two agreements with the World Bank (WB) and the Austrian Government, with a total loan value of about US$98.6 million, the Ministry of Finance said.
Related News
“3 priorities, 3 breakthroughs” in task deployment of State Treasury
10:19 | 27/03/2024 Finance
The Ministry of Finance urges the implementation of anti-smuggling tasks
09:50 | 28/03/2024 Anti-Smuggling
Lang Son Finance, Tax and Customs agencies needs to proactively capture information to develop the border gate economy
15:59 | 21/03/2024 Customs
Minister of Finance: Fairness and transparency for the insurance market
14:37 | 20/03/2024 Finance
Latest News
Central bank urges card issuers to review procedures
14:40 | 27/03/2024 Finance
Warning about impersonating tax authorities to commit fraud during tax finalization month
10:22 | 27/03/2024 Finance
Effectively apply M&A to go long distance
09:51 | 26/03/2024 Finance
Hanoi State Treasury proactively digitizes and transforms operating methods
10:15 | 25/03/2024 Finance
More News
Vietnam tackles obstacles to stock market upgrade
19:28 | 24/03/2024 Finance
Looking forward clear instructions in tax finalization in 2023
15:40 | 24/03/2024 Finance
Proactive in dealing with exchange rate pressure
10:49 | 23/03/2024 Finance
Tax sector accompanies and supports tax finalization
09:34 | 21/03/2024 Finance
Vietnamese securities companies race to boost capital amid high market demand
14:36 | 20/03/2024 Finance
Central bank required to take urgent measures to stabilise gold market
14:33 | 20/03/2024 Finance
Revenue from casino contributes about VND9,000 billion to the State budget
09:54 | 20/03/2024 Finance
Credit and access to credit: A problem for banks and businesses
15:24 | 19/03/2024 Finance
National brand to helps local businesses extend international reach
15:12 | 19/03/2024 Finance
Your care
Central bank urges card issuers to review procedures
14:40 | 27/03/2024 Finance
Warning about impersonating tax authorities to commit fraud during tax finalization month
10:22 | 27/03/2024 Finance
“3 priorities, 3 breakthroughs” in task deployment of State Treasury
10:19 | 27/03/2024 Finance
Effectively apply M&A to go long distance
09:51 | 26/03/2024 Finance
Hanoi State Treasury proactively digitizes and transforms operating methods
10:15 | 25/03/2024 Finance