Thông tư 11/2003/TT-BTC

The transfer shall cover the entire capital sources for loan provision for job generation under Resolution No. 120/HDBT, which are originated from the central State budget, debit balances enclosed with dossiers of projects provided with loans by the State Treasuries.

The transfer shall be carried out as from April 1, 2003 and must be completed before June 30, 2003.

As from March 1, 2003, the provincial/municipal People’s Committees, the district-level People’s Committees (if authorized), the central bodies of mass organizations and associations, and the Ministry of Defense shall cease the issuance of decisions approving the loan provision, interest reduction and exemption, or debt freezing for projects encountering force majeure risks; and at the same time, stop expertising the provision of loans to projects via the State Treasuries and sending the dossiers of projects applying for debt remission to the Ministry of Labor, War Invalids and Social Affairs.

As from April 1, 2003, the State Treasury system shall cease the loan provision, debt retrieval and extension, interest exemption and reduction as well as debt freezing and remission for assorted projects.- (Summary)