| THE MINISTRY OF FINANCE | SOCIALIST REPUBLIC OF VIET NAM |
| No. 08/2008/TT-BTC | Hanoi, January 29, 2008 |
CIRCULAR
AMENDING AND SUPPLEMENTING THE FINANCE MINISTRYS CIRCULAR NO. 108/2003/TT-BTC OF NOVEMBER 7, 2003, WHICH GUIDES FINANCIAL MECHANISMS APPLICABLE TO OFFICLVLASSISTANCE DEVELOPMENT (ODA)-FUNDED PROJECTS ON TREATMENT OF URBAN DAILY-LIFE GARBAGE AND SOLID WASTE
Pursuant to the Governments Decree No. 60/2003/ND-CP of June 6, 2003. detailing and guiding the implementation of the State Budget Law;
Pursuant to the Governments Decree No. 134/2005/ND-CP of November 1, 2005, promulgating the Regulation on management of foreign loans and payment of foreign debts;
Pursuant to the Governments Decree No. 131/2006/ND-CP of November 9, 2006, promulgating the Regulation on management and use of official development assistance (ODA);
Pursuant to the Governments Decree No. 77/2003/ND-CP of July 1, 2003. defining the junctions, tasks, powers and organizational structure of the Ministry of Finance;
In furtherance of the Prime Ministers Official Letter No. 253/TTg-QHQT of February 22, 2007. additionally approving financial mechanisms applicable to ODA loan-funded projects on treatment of urban daily-life garbage and solid waste;
The Ministry of Finance guides amendments and supplements to financial mechanisms applicable to projects on treatment of urban daily-life garbage and solid waste specified in the Finance Ministrys Circular No. 108/2003/TT-BTC of November 7, 2003 (CircularNo. 108), as follows:
1. To amend and supplement Point 2. Section B, Part I of Circular No. 108 as follows:
2. Financial mechanisms applicable to ODA loan-funded projects on treatment of urban daily-life garbage and solid waste:
2.1. Proportions of allocated/re-lent ODA loans:
a/ The proportion of central budget allocations (to the total ODA loan for each project or project component on treatment of urban-daily-life garbage and solid waste) shall be determined according to urban center grades of localities and scales of investment (capacity of treatment factories) in the Table below:
| Urban center grade | Scale of investment (ton/day) | Proportion of allocated ODA loan(%) | Proportion of re-lent ODA loan (remaining %) |
| Special grade or grade I | On demand | 50 | 50 |
| Grade II | Up to 200 | 60 | 40 |
| Grade III | Up to 150 | 70 | 30 |
| Grade IV | Up to 100 | 80 | 20 |
| Grade V | Up to 70 | 90 | 10 |
b/ Principles of determining and applying the aforesaid proportions:
- Scale of investment mentioned in the Table above is ihe maximum scale of investment determined suitable to each urban center grade as a basis for determination of the proportion of allocated/re-lent ODA loan for each program or project.