Increasing Foreign Capital in the Medium-Term Public Investment Plan

Nguyen Trinh

13:31, 11/07/2024

This is the noteworthy content mentioned in Resolution 71/2018/QH14 on adjusting the medium-term public investment plan for the 2016 - 2020 period.

The total foreign capital for the medium-term public investment plan for the 2016 - 2020 period is increased from VND 300,000 billion to a maximum of VND 360,000 billion. At the same time, domestic borrowing and sources of funding for national important projects have been reduced from VND 80,000 billion to VND 70,000 billion.

Ensure that the public investment ceiling remains VND 2,000,000 billion, maintaining the deficit ratio and public debt safety indicators according to the decision of the National Assembly when using the general contingency resources of the medium-term public investment plan.

Additionally, the Resolution allows localities to be assigned annual public investment plans from locally balanced budget sources based on actual revenue capabilities.

See detailed content at Resolution 71/2018/QH14 issued on November 12, 2018.

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