|
|
||||
|
||||
|
CIRCULAR No. 86/2004/TT-BTC of August 25, 2004 guiding the management of capital mobilized from provincial/municipal budgets for infrastructure investment According to this Circular, which takes effect 15 days after its publication in the Official Gazette, provincial-level budgets may mobilize domestic capital when arise demands for investment in infrastructure construction, which they have to ensure but exceed their balancing capabilities in the estimation year. The total balance of debts from mobilized and to be-mobilized capital amounts must not exceed 30% (or 100% for Hanoi and Ho Chi Minh city) of the provincial-level budgets' total annual domestic capital construction investment capital already decided by the provincial/municipal People's Councils.- (Summary) |
||||
