Circular No. 126/2013/TT-BTC dated September 03, 2013 of the Ministry of Finance amending the Circular No. 77/2013/TT-BTC dated June 04, 2013 of the Ministry of Finance on providing the interest rate of the investment credit, export credit of the state and the difference of the interest rate calculated for support after investment

THE MINISTRY OF FINANCE

Circular No. 126/2013/TT-BTC dated September 03, 2013 of the Ministry of Finance amending the Circular No. 77/2013/TT-BTC dated June 04, 2013 of the Ministry of Finance on providing the interest rate of the investment credit, export credit of the state and the difference of the interest rate calculated for support after investment

Pursuant to the Decree No. 118/2008/ND-CP dated November 27, 2008 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Finance;

Pursuant to the Decree No. 75/2011/ND-CP dated August 30, 2011 of the Government on state investment credit and export credit;

At the proposal of Vietnam Development Bank (VDB) in the Official Dispatch No. 82/ HDQL dated 07/8/2013 on the adjustment of interest rate of the export credit of the State;

At the proposal of Director of Finance Department of banks and financial institutions;

The Minister of Finance promulgates the Circular amending the Circular No. 77/2013/TT-BTC dated June 04, 2013 of the Ministry of Finance on providing the interest rate of the investment credit, export credit of the state and the difference of the interest rate calculated for support after investment as follows:

Article 1.To amend Article 2 of the Circular No. 77/2013/TT-BTC as follows:

Export credit’s loan interest rate of the State in Vietnam dong is 8.7%/year.

Article 2.The loaning interest rate of the export credit of the State is applied to disbursement amounts from the export credit of the State from the day this Circular takes effect.

Article 3.This Circular takes effect on the signing date. The Management Board, the General Director of the Vietnam Development Bank, investors of projects borrowing state investment and export credit loans and relevant agencies shall be responsible for implementation of this Circular.

Any problems arising in the course of implementation should be promptly reported to the Ministry of Finance for consideration and settlement.

For the Minister of Finance

Deputy Minister

Tran Xuan Ha