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

MINISTRY OF FINANCE

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 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;

Pursuant to the Resolution No. 02/NQ-CP dated January 07, 2013 of the Government promulgating solutions in removing difficulties for business and production, supporting market and handling bad debts;

At the proposal of Vietnam Development Bank at the official Dispatch No. 26/NHPT-HĐQL dated May 20, 2012 on the adjustment of the interest rate of state investment credit and export credit;

At the proposal of the Head of Department of Banking and Financial Institutions;

The Minister of Finance promulgates the loan interest rate of state investment credit and export creditand the differences of the interest rate calculated forpost-investment supportas follows:

Article 1.The interest rate on the loan of investment credit of the State in Vietnam dong is 11.4%/year.

Article 2.The loan interest rate on the loan of export credit of the State in Vietnam dong is 9.3 %/year.

Article 3.The difference of the interest rate calculated for post-investment supportfor the projects that borrow in Vietnam dong is 2.4%/year.

Article 4.The interest rate ofthe loan interest rate of state investment credit and export credit and the difference of the interest rate calculated for post-investment support for the disbursements of the loan capital of the investment credit and export credit of the State since the effective day of this Circular.

Article 5.This Circular shall take effect on its signing date and replace the Circular No. 09/2013/TT-BTC dated January 17, 2013 and the Circular No. 104/2012/TT-BTC dated June 25, 2012 concerning the regulation on 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 Management Board, the General Director of the Vietnam Development Bank, investors of projects borrowing state investment and export credit loans and relevant agencies shall implement 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 Ministry of Finance

Deputy Minister

Tran Xuan Ha