Using the State Budget for Regular Expenditures Must Save 10% in 2018

Using the State Budget for Regular Expenditures Must Save 10% in 2018
Duy Thinh

This is one of the proposals of the Minister of Finance in Decision No. 2465/QD-BTC on the allocation of revenue and expenditure estimates of the State budget for the year 2018. To be specific::

Based on the 2018 state budget revenue and expenditure estimates assigned, the Minister requests that the provinces and centrally-controlled cities arrange spending tasks, allocate, and assign state budget revenue and expenditure estimates to ensure the following contents:

- Save 10% of regular expenditures (excluding salary, allowances according to salary, salary-like expenses, and human-related expenses according to policies);- Continue to implement a mechanism for generating sources to reform salaries in 2018 from a portion of the revenue retained according to the policies of agencies and units;- Ensure 50% of the increased local budget revenues (excluding land levy revenues, and state lottery revenues) and any remaining 2017 salary reform funds be carried over (if any).

See detailed content at Decision 2465/QD-BTC issued on November 29, 2017.

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