Circular No. 08/2008/TT-BTC amending and supplementing the Finance Ministry's Circular No. 108/2003/TT-BTC

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:

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.