Accordingly, the MPI collaborates with the MoF to allocate a sum from the socio-economic development plan and annual State budget estimate to supplement the BSP's charter capital which must reach VND 10,000 billion by 2010. In the near future, VND 1,000 billion from the WB loans for poverty reduction will be used as the additional sum for the 2007 charter capital. The ODA capital under the poverty alleviation and banking programs will be given to the BSP to lend poor households and other beneficiaries of social policies.
The MoF will instruct the BSP to mobilize capital by issuing government bonds. The MoF will also consider and suggest supplementations and revisions to Decree 78/2002/NĐ-CP (October 14, 2002) on credits for the poor, so that the BSP can mobilize cheap credits for sustainable development.
The State Bank of
By Hồng Uyên