Wednesday, October 1, 2008

Foreign loans and declared approving

Domestic enterprises, institutions, organizations may apply for borrowing foreign loans. Foreign loans belonging to the national sovereignty of external debt, according to government investment funds to manage. Foreign loans alternative project planning is the project's work is based on. To borrow foreign loans to the project at all levels must reform and development departments, and foreign loans into the project planning options. The World Bank, the Asian Development Bank loans and the Japanese government yen loans alternative project planning by the State Council Development and Reform department, the State Council are the financial sector after the State Council for approval. State sector reform and development in accordance with national economic and social development planning, industrial policy, external debt management and the use of foreign loans principles and requirements of foreign loans the preparation of project planning options, based on the formulation, an annual project plan signed

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