On June 30, 2018, the Government of Vietnam issued Decree No. 93/2018/ND-CP providing for provincial-government debt management. A notable content of this Decree is the regulation on the provincial government’s 5-year borrowing and repayment plan.
On June 30, 2018, the Government of Vietnam issued Decree No. 93/2018/ND-CP providing for provincial-government debt management. A notable content of this Decree is the regulation on the provincial government’s repayment of debts.
On June 30, 2018, the Government of Vietnam issued Decree No. 93/2018/ND-CP providing for provincial-government debt management. This contributes to creating a legal framework for debt management, especially for borrowing through bond issuance.
On June 30, 2018, the Government of Vietnam issued Decree No. 93/2018/ND-CP providing for provincial-government debt management. A notable content of this Decree is the regulation on the annual borrowing and repayment plan. To be specific:
This is a featured content of Decree No. 93/2018/ND-CP of Vietnam’s Government providing for provincial-government debt management, which comes into effect at the beginning of July. According to this Decree, issuance of municipal bonds is a form of borrowing for the provincial government to get loans for making up its budget deficit and paying outstanding principal amounts.
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