6 sectors ODA and concessional loans is given priority
The Government has promulgated Decree No. 16/2016/NĐ-CP on management and use of ODA and concessional loans of foreign sponsors.
According
to the Decree, 6 sectors in which provision of ODA and concessional loans is
given priority include:
- - Execution of socio-economic infrastructure building programs/projects.
- - Study into development of policies on socio-economic development and enhancement of the institution of state management.
- - Development of human resources, scientific research and technological development.
- - Environmental protection, response to climate change, and green growth.
- - State participation in PPP projects.
- - Other sectors decided by the Prime Minister.
Decree
No.16/2016/NĐ-CP comes into force from May 02 and replaces Decree
No. 38/2013/NĐ-CP.
Decree
No. 38/2013/NĐ-CP shall apply to programs and projects whose listsof sponsors are approved by competent authorities before the effective date of
Decree No. 16/2016/NĐ-CP.
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