Circular 72/2000/TT-BTC

The Ministry of Finance guides the financial mechanism in the Prime Minister�s Decision No. 66/2000/QD-TTg of June 13, 2000 on a number of financial policies and mechanisms for implementation of canal solidification program according to the following points:

- Subjects entitled to the State preferential credit loans for canal solidification projects through the Investment and Development Assistance Fund system.

- Loan dossiers.

- Loan levels.

- Lending interest rate (0%).

- Loan providing mode.

- Loan repayment duration.

Loan credit sources for canal solidification shall be used only for canal solidification purpose and irrigation projects, but not for other purposes. Expenses for canal solidification shall be settled into local budget expenditures (according to assignment of responsibilities for management of local capital for investment in capital construction).- (Summary)