THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 78/2004/TT-BTC
Hanoi, August 10, 2004
 
CIRCULAR
GUIDING THE MANAGEMENT OF WITHDRAWAL OF OFFICIAL DEVELOPMENT ASSISTANCE (ODA) CAPITAL
Pursuant to the Government’s Decree No. 17/2001/ND-CP of May 4, 2001 promulgating the Regulation on management and use of official development assistance (ODA) source;
Pursuant to the Government’s Decree No. 60/2003/ND-CP of June 6, 2003 detailing and guiding the implementation of the State Budget Law;
Pursuant to the Government’s Decree No. 77/2003/ND-CP of July 1, 2003 defining the functions, tasks, powers and organizational structure of the Finance Ministry;
The Finance Ministry hereby guides in detail the order and procedures for withdrawing ODA capital as follows:
Part I.
GENERAL PROVISIONS
I. SCOPE OF APPLICATION:
1. This Circular applies to the management of capital withdrawal and financial matters related to the withdrawal of capital from ODA loan and ODA aid sources provided by co-donors to the ODA loan programs and projects; or independent aid programs/projects with capital-withdrawing forms compliant with the provisions of this Circular. The withdrawal of reciprocal capital shall strictly comply with the order and procedures prescribed in the current legal documents.
2. For particular ODA programs and projects, depending on their management requirements, the Finance Ministry may promulgate specific guidance.
3. For a number of non-refundable aid projects requiring the application of the mode that the donors directly manage and administer the project implementation as prescribed in the aid agreements/documents, such agreements/documents signed with donors shall apply.
4. For aid amounts trusted to the Government for management, the Finance Ministry shall promulgate specific guidance.