Dispatch is a principal of the following:
- To approve the results of negotiations with the World Bank Funding Agreement and related legal instruments of Item "Financing Development Policy Support Second Program 135 Phase II"
Ministry of Foreign Affairs to inform the World Bank to the Prime Minister to authorize the State Bank of Vietnam on behalf of the State have signed sponsorship agreements and other documents related to the WB representative .
Allows to receive co-financing for programs in the forms of grant aid is not against the content Financing Agreement between the World Bank and Vietnam. Nationalities Committee to notify the Ministry of Planning and Investment co-financing of this after the certification of corporate sponsors to the Prime Minister included in the list of programs and projects using ODA capital .
Ministry of Finance to open foreign currency accounts at State Bank of Vietnam to receive World Bank loans and co-financing for the program.
Communications and the State Bank of Vietnam procedures open foreign currency accounts to receive World Bank loans and co-financing after receiving the proposal of the Ministry of Finance. Then, the State Bank of Vietnam has purchased foreign currency withdrawal and transfer the equivalent amount in USD on state banks.
[Translator: Kim Trang]