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Guiding the financial mechanism for the implementation of the projects on rural traffic roads, aquaculture infrastructure and rural craft village infrastructure

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THE MINISTRY OF FINANCE
 
No: 79/2001/TT-BTC
 
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----- o0o -----
Ha Noi , Day 28 month 09 year 2001

CIRCULAR No

CIRCULAR No. 79/2001/TT-BTC of September 28, 2001 guiding the financial mechanism for the implementation of the projects on rural traffic roads, aquaculture infrastructure and rural craft village infrastructure

The provinces and centrally-run cities shall have to elaborate and decide the planning on the development of rural traffic roads, aquaculture infrastructure and rural craft village infrastructure suitable to the development conditions and requirements of their respective localities.

Funding for the implementation of the investment programs on rural traffic roads, aquaculture infrastructure and rural craft village infrastructure shall be apportioned mainly from the people’s contributions; the State budget shall provide partial support from the source of concentrated capital construction capital and re-invested capital of the localities. Besides, the provinces and centrally-run cities may borrow preferential credit capital at an interest rate of 0% for the implementation of the projects on rural traffic roads, aquaculture infrastructure and rural craft village infrastructure.- (Summary)

 


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