Deputy PM’s conclusions on interest rate support package
The Government Office has issued an announcement on Deputy Prime Minister Le Minh Khai’s conclusions at a meeting on interest rate support package in accordance with the Government’s Decree No.31/2022/ND-CP dated May 20.
Hanoi (VNA) –The Government Office hasissued an announcement on Deputy Prime Minister Le Minh Khai’s conclusions at ameeting on interest rate support package in accordance with the Government’sDecree No.31/2022/ND-CP dated May 20.
The announcement said after nearly three months,the disbursement of the package remains limited.
The Deputy PM assigned the State Bank of Vietnam (SBV) towork closely with ministries and agencies concerned to review the Decree, theSBV’💟s Circular and guidelines, ensuring they are in line with the NationalAssembly’s Resolution No.43/2022/QH15 and the Government’s Report on fiscal andmonetary policies in support of the socio-economic recovery and developmentprogramme.
Deputy Prime Minister Le Minh Khai (Photo: VNA)
In case any too strict regulations are discovered, they mustreport to competent agencies for revision.
He called for raising awareness of commercial banks,businesses, cooperatives and business households about the package, as well asestablishing inter-sectoral workin๊g groups led by the SBV to grasp situation atcommercial banks and tackle difficulties faced by them during the process./.
The Government has officially issued Decree 31/2022/ND-CP on interest rate support from the State budget for loans of enterprises, co-operatives and business households.
As securities and real estate sectors are not on the list to receive support, the 2 percent interest rate support package's positive effects on the stock market are not strong.
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Illustrative image (Photo: VNA) 
Deputy Prime Minister Le Minh Khai (Photo: VNA) 
