VietnameseDecision No. 290/2006/QD-TTg dated December 29, 2006 of the Prime Minister approving the scheme on orientations for Official Development Assistance attraction and use in the 2006-2010 period
ATTRIBUTE
Decision No. 290/2006/QD-TTg dated December 29, 2006 of the Prime Minister approving the scheme on orientations for Official Development Assistance attraction and use in the 2006-2010 period
| Issuing body: | Prime Minister | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 290/2006/QD-TTg | Signer: | Nguyen Tan Dung |
| Type: | Decision | Expiry date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Issuing date: | 29/12/2006 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Investment , Policy |
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THE PRIME MINISTER OF GOVERNMENT ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------- |
No: 290/2006/QD-TTg | Hanoi, December 29, 2006 |
DECISION
APPROVING THE SCHEME ON ORIENTATIONS FOR OFFICIAL DEVELOPMENT ASSISTANCE ATTRACTION AND USE IN THE 2006-2010 PERIOD
THE PRIME MINISTER
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the Government's Decree No. 131/2006/ND-CP of November 9, 2006, promulgating the Regulation on management and use of official development assistance;
At the proposal of the Minister of Planning and Investment,
DECIDES:
Article 1.- To approve the Scheme on orientations for official development assistance attraction and use in the 2006-2010 period (enclosed with this Decision).
Article 2.- To assign the Minister of Planning and Investment to submit within 03 months after the effective date of this Decision an action plan for implementing the Scheme to the Prime Minister for approval.
Article 3.- This Decision takes effect 15 days after its publication in "CONG BAO."
Article 4.- Ministers, heads of ministerial-level agencies, heads of government-attached agencies, and presidents of People's Committees of provinces and centrally run cities shall implement this Decision.
PRIME MINISTER Nguyen Tan Dung |
SCHEME
ON ORIENTATIONS FOR OFFICIAL DEVELOPMENT ASSISTANCE ATTRACTION AND USE IN THE 2006-2010 PERIOD
(Promulgated together with the Prime Minister's Decision No. 290/2006/TTg of December 29, 2006)
(Promulgated together with the Prime Minister's Decision No. 290/2006/TTg of December 29, 2006)
FOREWORD
The Party and State of Vietnam advocate the mobilization of all internal and external resources to achieve the objectives and tasks defined in the 2006-2010 socio-economic development plan already approved by the Xth National Party Congress (in April 2006) and the National Assembly of the Socialist Republic of Vietnam (the XIth legislature, 9th session).
The aims of the Scheme on orientations for official development assistance attraction and use in the 2006-2010 period are to set out a strategy and measures for attracting, allocating and effectively using this important resource, contributing to the successful implementation of the above 5-year socio-economic development plan. This Scheme has been elaborated on the following grounds:
1. The 2006-2010 socio-economic development plan;
2. The Government's Decree No. 131/2006/ND-CP of November 9, 2006, promulgating the Regulation on management and use of ODA;
3. The evaluation of ODA attraction and use in the 2001-2005 period;
4. The Hanoi Core Statement on Aid Effectiveness;
5. Orientations for management of foreign debts till 2010;
6. The findings of the survey on tentative donor commitments to provide ODA to Vietnam in support of the implementation of the 2006-2010 5-year socio-economic development plan and the continuation of comprehensive socio-economic renewal.
I. THE ODA SITUATION IN THE WORLD
At the International Conference on Financing for Development held in Monterey, Mexico, in March 2002, the international donor community pledged to increase ODA for poor countries to realize the Millennium Declaration and Millennium Development Goals (MDGs).
The world ODA tends to not only increase in volume (from about USD 90 billion in 2005 to a projected amount of about USD 150 billion by 2010) and also be subjected to higher requirements on the quality of its use. However, the proportion of ODA to average gross domestic income of developed countries reaches only 0.39%, far lower than the target of 0.7% set by the United Nations General Assembly. According to the 2005 Development Cooperation Report of the Organization of Economic Cooperation and Development (OECD), in the donor community only some countries such as Norway, Denmark, Luxemburg, Sweden and the Netherlands achieved or overachieved this target.
In order to increase development assistance resources, donors and aid-receiving countries unanimously agreed to implement the Paris Declaration on Aid Effectiveness (March 2005). This Declaration was localized into the Hanoi Core Statement on Aid Effectiveness, which was unanimously adopted by the mid-term consultative group meeting of Vietnam's donors (in June 2005) and approved on principle by the Prime Minister (in September 2005).
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