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SBV accelerates implementation of Instruction No.20 of PM
The State Bank of Vietnam (SBV) issued Document No.6811/NHNN - TT on September 9, 2010 on implementing the assigned targets of Instruction No.20/2007/CT-TTg (Instruction No.20) of the Prime Minister.
Accordingly, in order to meet and even exceed the targets in the second half of 2010 in the process of implementing Instruction No.20 of the Prime Minister (PM) on the salary payment for the state budget beneficiaries, the SBV required the SBV provincial and municipal branches to urgently implement following tasks:
To actively advise the municipal and provincial People’s Committees to guide those locations with available infrastructure to speed up the process of salary payment for the state budget beneficiaries while a large number of entities in these locations still fail to do so.
To instruct payment service providers to enhance the quality of the ATM systems to ensure smooth and safe operations of ATMs, promptly tackle all shortcomings, and facilitate the entities as the state budget beneficiaries to pay salary via bank accounts.
To actively monitor the implementation of Instruction No. 20 in their locations and coordinate with the State Treasury and the Departments of Finance to assist those districts with difficulties in implementing the Instruction No.20.
Diem Hang
sbv
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