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
Ministry of Finance summarizes the 10-year implementation of the Resolution of the 8th meeting of the 11th Central Committee
10:20 | 29/03/2023 Finance
Review, perfect regulations on decentralization of public property management
11:55 | 22/03/2023 Regulations
Customs sector launches performance indicators
09:41 | 21/03/2023 Customs
The whole finance sector needs to continue making efforts and focusing on completing tasks
11:04 | 12/03/2023 Finance
Latest News
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
More News
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance
Consider raising the level of penalties to ensure fairness and transparency in the stock market
13:27 | 04/04/2023 Finance
Central bank cuts policy interest rates to spur growth
17:43 | 02/04/2023 Finance
Ensure policies to attract investment when implementing global minimum tax
10:33 | 02/04/2023 Finance
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks
20:30 | 01/04/2023 Finance
Solutions to attract FDI when implementing the global minimum CIT
11:38 | 01/04/2023 Finance
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba
13:43 | 31/03/2023 Finance
Being many "hot" issues at the general meeting of shareholders of banks
09:24 | 30/03/2023 Finance
Bringing the policies on reducing land rent and water surface rent into life
15:41 | 29/03/2023 Finance
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance