The Government plans to borrow VND 384 trillion in 2018
The Government has issued plan on loan and debt repayment and loan limitin 2018.Photo: Internet |
Specifically, the Prime Minister has approved the Government's 2018 loan plan of VND 384,000 billion, including domestic loans of 275.970 and foreign loans of VND 108,030 billion, of which, loan for State budget balance is 341,770 billion, loans for compensating for over expenditures is VND 195,000 billion, loans for payment of original debt is VND 146,770 billion and loans for re-lending is VND 42.230 billion.
Approving the Government's loan and debt repayment plan in 2018 is for VND 256,769 billion. The Government’s direct debt payment in 2018 is VND 256,769 billion; debt repayment of projects for re-lending is VND 18.561 billion.
Approving the loan limit guaranteed by the Government and foreign long and mid- term commercial loans of enterprises and credit institutions under the method of self–borrowing and self-repayment in 2018, including the maximum limit of issuance of domestic bonds guaranteed by the Government of the Vietnam Development Bank is VND 24.430 billion; the maximum limit for issuance of domestic bonds guaranteed by the Government of Bank for Social Policies is VND 9.670 billion; the maximum limit of guaranteed domestic loan by the Government for projects is VND 2,000 billion; the maximum limit of foreign commercial loans of enterprises guaranteed by the Government is VND 700 million; the maximum limit of foreign commercial loan of credit institutions under the method of self-borrowing and self-repayment is US$ 5 million; Short-term outstanding debts of enterprises at the end of 2018 do not exceed the outstanding debts as of 31st December 2017.
Regulation on the establishment and operation of the Asset Valuation Council VCN- The Government has issued Decree 30/2018 / ND-CP detailing the establishment and operation of Asset Valuation ... |
The maximum loan limit of local Governments is VND 21, 514 billion.
The Prime Minister assigned the Ministry of Finance to implement the Government's loan and debt repayment plan in accordance with the assigned task.
Related News
The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024
10:39 | 04/04/2024 Finance
Personal Income Tax Law to be amended in 2025
10:42 | 04/04/2024 Finance
Effectively implement the State's credit capital investments to attract borrowers
11:13 | 17/03/2024 Finance
Good management of public debt creates room to implement expansionary fiscal policy
10:06 | 19/03/2024 Finance
Latest News
After six consecutive increase years, tax revenue from real estate transfer plunges
08:49 | 19/05/2024 Finance
Improve processes and enhance experience to rebuild trust in life insurance
20:25 | 17/05/2024 Finance
PM chairs meeting on fiscal, monetary policy management
20:20 | 17/05/2024 Finance
Many tax management solutions for e-commerce
10:01 | 16/05/2024 Finance
More News
Completely resolve problems and accelerate public investment disbursement
14:41 | 15/05/2024 Finance
Tax, land rent payment deadlines to be extended this year
14:21 | 15/05/2024 Finance
Tax compliance management in the digital economy
11:32 | 15/05/2024 Finance
Hai Phong: Budget revenue reached more than VND40,000 billion
13:57 | 14/05/2024 Finance
Price adjustment should be in implemented in appropriate time to control inflation
13:56 | 14/05/2024 Finance
Fiscal policy is expanded and flexible to promote economic growth 2024
13:28 | 13/05/2024 Finance
Closely follow the situation, research and propose many solutions about taxes and fees to support the economy
08:16 | 12/05/2024 Finance
Prevent corruption and group interests in developing financial laws
10:07 | 11/05/2024 Finance
"Creativity in revenue collection to achieve set goals in difficult contexts"
14:55 | 10/05/2024 Finance
Your care
After six consecutive increase years, tax revenue from real estate transfer plunges
08:49 | 19/05/2024 Finance
Improve processes and enhance experience to rebuild trust in life insurance
20:25 | 17/05/2024 Finance
PM chairs meeting on fiscal, monetary policy management
20:20 | 17/05/2024 Finance
Many tax management solutions for e-commerce
10:01 | 16/05/2024 Finance
Completely resolve problems and accelerate public investment disbursement
14:41 | 15/05/2024 Finance