interest rate support

On January 11, 2022, the National Assembly issued Resolution 43/2022/QH15 on fiscal and monetary policies to support the 2022-2023 socio economic recovery program, which includes the policy of interest rate support (2%/year) up to VND 40 trillion through commercial banking systems for several industries and fields or for certain borrowing purposes. Noticeable provisions of the Draft Decree on interest rate support from the state budget for loans of enterprises, cooperatives, and business households are addressed in this article.