What are the funds for operation of Red Cross Societies in Vietnam?

What are the funds for operation of Red Cross Societies in Vietnam? (Internet image)

Decree 03/2011/ND-CP stipulates that the funds for operation of Red Cross Societies in Vietnam include:

1. State budget funds

State budget funds shalI be given to agencies and units assigned by competent agencies to raise, receive, transport and distribute cash and in-kind donations in red-cross activities according to current budget management and decentralization regulations, covering:

• Rents of warehouses and storing yards; costs for receiving and transporting relief to users;

• Work-trip allowances for red-cross activities according to current regulations;

• Other costs (if any) related to the raising, receipt, transportation and distribution of cash and in-kind donations.

2. State budget funds

• State budget funds shall be given to the operation of Red Cross Societies of various levels according to the Law on the State Budget and guiding documents.

• Units assigned to raise, receive, transport and distribute cash and in-kind donations which have their regular operation funds allocated from or supported by the state budget shall use annually allocated funds to pay for the costs specified in Clause 1 of this Article according to current laws. When any irregular cost incurs, affecting the performance of their regular tasks, they shall report such to finance agencies of the same level for settlement or submission to competent authorities for decision.

• State budget funds for red-cross activities shall be used and managed under the Law on the State Budget.

More details can be found in Decree 03/2011/ND-CP, which comes into force from February 25, 2011.

Thuy Tram

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