Report on the situation of foreign loan borrowing and debt repayment in Vietnam

14:31, 11/07/2024

On August 16, 2018, the Ministry of Finance issued Circular 74/2018/TT-BTC, accompanied by regulations on reporting the situation of foreign loan borrowing and debt repayment by the Government of Vietnam and local authorities.

To be specific, Circular 74 regulates the reporting of the situation of foreign loan borrowing and debt repayment as a compilation of information that is systematized and contains explanatory content about state financial economic indicators, reflecting the borrowing and repaying of foreign debt by the Government of Vietnam in an accounting period.

Reports on the situation of foreign loan borrowing and debt repayment by the Government of Vietnam are responsible for providing necessary state financial economic indicators to relevant authorities and state agencies at various levels.

For a report on the situation of foreign loan borrowing and debt repayment, the following conditions must be met:

- The report on the situation of foreign loan borrowing and debt repayment must be prepared according to the prescribed template or according to the management and operational requirements, fully reflecting the defined indicators for each report template. The method of compiling data and setting indicators in the report must ensure conformity with the tasks of synthesis, analysis, verification, and reconciliation of data on foreign loan borrowing and debt repayment;

- The indicators in each report must ensure consistency and correlation in a systematic manner, serving for researching, analyzing, and assessing the economic and social situation. The reported data must be accurate, truthful, objective, compiled from the accounting database after verification, reconciliation, and closing of the accounting ledger.

- Financial report templates must be simple, clear, and practical, suited to the requirements for management, operations, and public debt information.

LIST OF TEMPLATES, REPORTS

No.	Report Name	Template	Recipient	Submission Deadline
1	Balance Sheet of Foreign Debt Accounts	B01/NN	KBNN	1 month after the reporting period
2	Report on the Implementation of foreign loan borrowing and debt repayment by the Government of Vietnam	B02/NN	KBNN
3	Detailed Report by Loan Period of the Government of Vietnam	B03/NN	KBNN
4	Explanation of the Report on the Situation of foreign loan borrowing and debt repayment	B04/NN	KBNN

Regarding templates and methods for preparing reports on the situation of foreign loan borrowing and debt repayment, they are specified in Appendix 1.4, "Templates and Methods for Preparing Reports on the Situation of foreign loan borrowing and debt repayment" attached to Circular 74.

See details Circular 74/2018/TT-BTC effective from January 1, 2019.

-Thao Uyen-

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