Lower interest rates for State investment and export credit

18/12/2014 02:12

The Ministry of Finance has recently issued Circular No. 189/2014 / TT-BTC stipulates the State credit interest rate of investment and export and the difference on interest rate supported after the investment.

 

The Ministry of Finance has recently issued Circular No. 189/2014 / TT-BTC stipulating the interest rate of State  investment and export  credit and post investment subsidy rate.

Accordingly, State investment credit in VND reduced from 10.5% /year to 9.6% /year,  export credit in VND from 7.8% /year to 7.2% /year.

The interest rate difference for projects eligible to post investment subsidy is kept at 2.4% / year.

The above interest rates for State Investment and export credit are applied for disbursements made since December 11th , 2014 . Post investment subsidy will be calculated on payments to credit institutions accounts since December 11th, 2014.

This Circular replaces Circular No. 108/2014 / TT-BTC dated November 11th, 2014 regulating interest rates of State investment credit, export credit and post investment subsidy.



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