Abolition of the Circular on Disbursement Procedures for Loan Funds of the Ninh Thuan 1 Project

08:33, 10/07/2024

On January 06, 2020, the Minister of Finance signed and promulgated Circular 03/2020/TT-BTC regulating the abolishment of Circular 26/2013/TT-BTC dated March 11, 2013, of the Ministry of Finance, which regulates the disbursement procedures and financial mechanisms for the credit and aid funds of the Government of the Russian Federation for the Ninh Thuan 1 Nuclear Power Plant Project.

Circular on loan disbursement procedures for Ninh Thuan 1 Power Plant Project, Circular 03/2020/TT-BTC

Illustrative image (source internet)

To be specific, in Article 1 of Circular 03/2020/TT-BTC, it stipulates the complete repeal of Circular 26/2013/TT-BTC dated March 11, 2013 by the Ministry of Finance, which regulates the disbursement procedures and financial mechanisms for credit and aid funds from the Government of Vietnam and the Russian Federation for the Ninh Thuan 1 Nuclear Power Plant Project. This project has been terminated based on Resolution 31/2016/QH14 of the National Assembly.

See the full text of the regulation in Circular 03/2020/TT-BTC, officially effective from February 20, 2020.

Thu Ba

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