Directive 14/1999/CT-TTg

DIRECTIVE No. 14/1999/CT-TTg of May 15, 1999 on the issuance of the 1999 government bonds for national construction

The Prime Minister directs that the 109th anniversary of President Ho Chi Minh�s birthday shall be taken as the date for launching a nationwide campaign to mobilize the people to buy national construction bonds.

The Directive specifies responsibilities of the People�s Committees of the provinces and centrally-run cities, the ministries and branches in the propagation and mobilization of the people to buy national construction bonds.

The results of the issuance of national construction bonds as well as the management and use of capital mobilized therefrom must be publicized on the mass media. The capital mobilized from the issuance of the government bonds must be invested in projects to achieve set targets and be closely managed so as to avoid loss, waste or inefficiency.- (Summary)