Contents of regulations on capital mobilization of provincial development investment funds in Vietnam

What do contents of regulations on capital mobilization of provincial development investment funds in Vietnam comprise?

Pursuant to Clause 3, Article 4 of Circular 86/2021/TT-BTC, regulations on capital mobilization of provincial development investment funds include the following basic contents:

3. Regulations on capital mobilization include the following contents:

a) Purposes of capital mobilization;

b) Funding sources and mobilization forms;

c) Steps to develop the plan to mobilize capital from funding sources as prescribed by law;

d) Plan to manage and use mobilized capital;

dd) Plan to allocate funding for paying principal and interests when they become due;

e) Authority to mobilize capital which must be determined in accordance with Decree No. 147/2020/ND-CP and the Fund’s charter on organization and operation.

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