Decree 36/2022/ND-CP interest rate support for loans in Vietnam Bank for Social Policies under Resolution 43/2022/QH15

DECREE

On interest rate support for loans from the Vietnam Bank for Social Policies, funding sources for loans, allocation of interest rate subsidies and management expenses for the loan of the Vietnam Bank for Social Policies under the National Assembly’s Resolution No. 43/2022/QH15 dated January 11, 2022 on fiscal and monetary policies in support of the socio-economic recovery and development program

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Pursuant to the Law on Organization of the Government dated June 19, 2015; Law on Amending and Supplementing a Number of Articles of the Law on Organization of the Government and the Law on Organization of Local Administration dated November 22, 2019;

Pursuant to the Law on the State Budget dated June 25, 2015;

Pursuant to the Law on Public Investment dated June 13, 2019;

Pursuant to the Resolution No. 43/2022/QH15 dated January 11, 2022 of the National Assembly on fiscal and monetary policies in support of the socio-economic recovery and development program;

At the proposal of the Minister of Finance;

The Government promulgates the Decree on interest rate support for loans from the Vietnam Bank for Social Policies, funding sources for loans, allocation of interest rate subsidies and management expenses for the loan of the Vietnam Bank for Social Policies under the National Assembly’s Resolution No. 43/2022/QH15 dated January 11, 2022 on fiscal and monetary policies in support of the socio-economic recovery and development program.

Article 1. Scope of regulation

This Decree provides for:

1. The mechanism of interest rate support for loans from the Vietnam Bank for Social Policies prescribed at Item b, Point 1.2, Clause 1, Article 3 of the National Assembly’s Resolution No. 43/2022/QH15 dated January 11, 2022 on fiscal and monetary policies supporting socio-economic recovery and development program; and Item d, Point 2, Section II of the Government’s Resolution No. 11/NQ-CP dated January 30, 2022 on the socio-economic recovery and development program and the implementation of the National Assembly’s Resolution No. 43/2022/QH15 on fiscal and monetary policies supporting the program.

2. Funding sources for loans, allocation of interest rate subsidies and management expenses for the implementation of preferential loan policies of the Vietnam Bank for Social Policies specified at Item b, Point 1.3, Clause 1, Article 3 of the Resolution No. 43/2022/QH15 and Item c, Point 2, Section II of the Resolution No. 11/NQ-CP (hereinafter referred to as preferential loan policies under the Resolution No. 43/2022/QH15).

Article 2. Subjects of application

1. Vietnam Bank for Social Policies.