Promulgating new forms on reporting the borrowing situation of the Provincial People's Committees

The Ministry of Finance has just issued Circular 126/2017/TT-BTC regarding policies on reporting and public disclosure of information about public debt and national foreign debt.

Attached to Circular 126 is a comprehensive appendix, reporting on borrowing and repayment by local authorities, including the following forms:

- Implementation of borrowing and repayment by provinces and centrally-controlled municipalities;- Implementation of borrowing and repayment of reborrowed foreign loans by the Government of Vietnam.

Additionally, there are several forms for reporting the situation of reborrowing applied to reborrowing agencies, specifically:

- Debts of reborrowed foreign loans according to lenders;- Debts of reborrowed foreign loans according to reborrowing agencies;- Implementation of withdrawal of foreign reborrowed loans;- Implementation of repayment to the Ministry of Finance;- Report on the status of projects with overdue debts;- Report on outstanding debts of reborrowing agencies with overdue debts.

Circular 126/2017/TT-BTC is effective from January 15, 2018, replacing Circular 53/2011/TT-BTC.

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