Decision on Borrowing Up to VND 384 Trillion in 2018 by the Government of Vietnam

Le Hai

07:55, 11/07/2024

This is a notable content mentioned in Decision No. 437/QD-TTg regarding the borrowing and debt repayment plan of the Government of Vietnam and the debt borrowing limits for the year 2018.

The Government of Vietnam decided to approve the total loan value in 2018 at VND 384,000 billion, including domestic loans of VND 275,970 billion and foreign loans of VND 108,030 billion. Specifically:

- Loans to balance the state budget: VND 341,770 billion;- Loans to cover the budget deficit: VND 195,000 billion;- Loans to repay principal debt: VND 146,770 billion;- Loans for on-lending: VND 42,230 billion.

Concurrently, the Government of Vietnam's debt repayment plan for 2018 is VND 256,769 billion, with direct debt repayment by the Government of Vietnam amounting to VND 256,769 billion and debt repayment of on-lending projects amounting to VND 18,561 billion.

See more at Decision 437/QD-TTg effective April 21, 2018.

the Government of Vietnam decided to borrow up to VND 384,000 billion

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