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THE MINISTRY OF FINANCE
Number: 89/2004/TT-BTC
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Ha Noi ,day 03 month 09 year 2004

CIRCULAR No. 89/2004/TT-BTC of September 3, 2004 guiding the handling of risks of the State's development investment credit capital

Risks to be handled include overdue debts or all loan debt balances of the State's develop-ment investment credit capital-borrowing projects which face risks due to objective or force majeure causes, dissolution, bankruptcy, or the State's adjustment of policies.

Risk handling methods include debt extension; debt freezing; loan interest-rate exemption or reduction; and debt (principal and interest) remission.

This Circular takes effect 15 days after its publication in the Official Gazette.- (Summary)

The Ministry of Finance

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