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PRIORITY FIELDS FOR ODA LOAN USE

This content is prescribed at the Decree No. 132/2018/ND-CP on amending Decree No. 16/2016/ND-CP dated March 16, 2016 on management and use of official development assistance (ODA) and concessional loans of foreign donors.

In particular, priority fields for ODA loan use include:

- Traffic infrastructure and social infrastructure (healthcare, education, vocational training), smart city development, irrigation;

- Study and implementation of institutional and administrative reform;

- Development of human resources, technology transfer and development;

- Environmental remediation and improvement, natural disaster recovery and preparedness, climate change adaptation and green growth;

- Use as investment funds of the State for the implementation of projects in the form of public-private partnership (PPP);

- Other priority fields as decided by the Prime Minister.

Also in accordance with this Decree, an application for disbursement shall be processed within 04 days from the day on which the satisfactory application is received.

This Decree is issued and takes effect on October 01, 2018.

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