Thông tư 97/1998/TT-BTC

THE MINISTRY OF FINANCE

CIRCULAR No. 97/1998/TT-BTC of July 11, 1998 guiding the regime of financial management over the training credit fund

The training credit fund is set up to provide loans with preferential interest rates to students studying at universities, colleges, intermediate vocational and job-training schools throughout the country. The training credit fund shall be placed under the management of a State-run commercial bank designated by the State Bank. The bank assigned to manage the fund shall be responsible before law for the fund's operation.

The training credit fund shall be subject to the management by the Ministry of Finance. The fund shall operate in compliance with the current regulations on financial management, the Ordinance on Accounting and Statistics and this Circular's provisions.- (Summary)