On May 4, 2023, the Government issued Decree 20/2023/ND-CP amending and supplementing some articles of Decree 114/2021/ND-CP on management and use of ODA and concessional loans from foreign donors (Decree 20). Decree 20, taking effect from March 01, 2022, specifies many notable new points in defining the order, procedure and the subjects authorized to decide investment policy of programs, projects using ODA and concessional loans as follows:
(i) Amending and supplementing the regulations on authority to decide investment policy of prorams, projects using ODA and concessional loans;
(ii) Amending, supplementing the composition of the dossier appraising the pre-feasibility study report, the proposal report for investment policies related to programs, projects using ODA, and concessional loans;
(iii) Amending and supplementing the regulations on activities to be implemented in advance in the stage of implementation preparation for programs, projects using investment preparation capital.