Development Policy Loan for HCM City’s budget

VGP – The PM has approved the proposal for the Development Policy Loan for Ho Chi Minh City’s budget, which is sponsored by the World Bank (WB).

Regarding the financial mechanism, the municipal People’s Committee will receive the loan of the WB with conditions based on the Government’s loans from the WB.

The PM has assigned the municipal People’s Committee to complete the report on the investment guidelines.

Source: ONLINE NEWSPAPER OF THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIET NAM