Vietnam: Guidelines on forms of reports on disbursement of official development assistance

Bao Ngoc

16:48, 05/07/2021

On June 28 2021, the Ministry of Finance of Vietnam issued Circular No. 48/2021/TT-BTC providing guidelines on forms of reports on disbursement of official development assistance (ODA) and concessional loans granted by foreign donors.

According to the Circular No. 48/2021/TT-BTC, monthly/quarterly report on disbursement of ODA loan/concessional loan is prescribed as following:

Report content:

- Actual state of disbursement of foreign capital on a monthly/quarterly basis according to list of projects funded by foreign capital (specified in each loan agreement).

- For quarterly reports: disbursement results of the quarter together with records of state budget revenue and expenditure verified by the State Treasury.

- Assessment of results; difficulties (if any) leading to late disbursement; provision of causes and solutions for such difficulties.

Deadline for report submission:

Monthly reports shall be submitted before the 5th of the month following the reporting month (reports of the last month of a quarter shall be submitted within 15 days after the quarter ends).

Quarterly reports shall be submitted within 15 days after the reporting quarter ends.

Circular No. 48/2021/TT-BTC takes effect on August 15, 2021.

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