PRIORITY FIELDS FOR ODA AND CONCESSIONAL LOAN USE
On March 16, 2016, the Government issued the Decree No. 16/2016/ND-CP on management and use of official development assistance (ODA) and concessional loans of foreign donors.
Another important contents in this Decree are regulations on priority fields for ODA and concessional loan use such as support for implementation of socio-economic infrastructure projects; support for research and formulation of socio-economic development policies and strengthening of state management institutions; support for human resources development; scientific research and technology development; support for environmental protection, climate change response and green growth; use as investment funds of the State for the implementation of projects in the form of public-private partnership (PPP) and other priority fields as decided by the Prime Minister.
For program and project management, investment deciders shall establishing a specialized or regional project management unit to manage programs and projects and project components in the same specialized sector or implemented in a locality in the same region. However, cases not requiring establishment of a project management unit that the investment decider may decide not to establish a project management unit for technical assistance programs or projects funded by non-refundable ODA totaling less than USD 200,000; investment programs or projects funded by non-refundable ODA totaling less than USD 350,000 and regional programs and projects, sector-wide approach programs, budget support and non-project aid…
This Decree takes effect on May 2, 2016, and replaces the Government’s Decree No. 38/2013/ND-CP of April 23, 2013.
