Decree on issue and management of Government guarantees promulgated

Decree on issue and management of Government guarantees promulgated

VCN - The government guarantee is made in the form of letter of guarantee, contract of guarantee or guarantee documents (Letter of Guarantee).
Tighten Government guarantees: Reduce “enormously”

Tighten Government guarantees: Reduce “enormously”

VCN- According to the latest information from the Department of Debt Management and External Finance (DMEF), in 2016, the total value of granted Government guarantees was $US 170 million, down significantly compared to 2015 ($US 3.27 billion) on the guara
Tighten Government guarantees: sharp decrease

Tighten Government guarantees: sharp decrease

VCN - In 2016 the total value of the granted Government guarantee was $US 170 million, significantly decreased against 2015.
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