14:55 | 21/06/2022

What are tasks and powers of the Ministry of Planning and Investment of Vietnam in state management of aid?

What are tasks and powers of the Ministry of Planning and Investment of Vietnam in state management of aid? What are tasks and powers of the Ministry of Finance of Vietnam in state management of aid? I would like to know some information related to the management and use of aid in Vietnam.

Tasks and powers of the Ministry of Planning and Investment of Vietnam in state management of aid:

Pursuant to Article 28 of the Decree 80/2020/NĐ-CP stipulating tasks and powers of the Ministry of Planning and Investment of Vietnam in state management of aid as follows:

1. Act as contact point responsible for state management of aid under the scope of regulation of this Decree.

2. Elaborate and submit for promulgation, or promulgate according to its competence legal documents on aid management and use.

3. Evaluate and sum up the opinions of concerned agencies and submitting them to the Prime Minister for consideration and approval of aid amounts falling under the Prime Minister's competence.

4. Submit to the Prime Minister annual general reports on aid management and use; propose solutions to improve effectiveness of aid use management within the scope of this Decree.

5. Examine the compliance with the regulations on receipt, approval and implementation within the competence of aid recipient agencies and units under the scope of regulation of this Decree.

What are tasks and powers of the Ministry of Finance of Vietnam in state management of aid?

Pursuant to Article 29 of the Decree 80/2020/NĐ-CP stipulating tasks and powers of the Ministry of Finance of Vietnam in state management of aid as follows:

1. Take charge and cooperate with concerned agencies in elaborating a regime of guidance on state financial management of aid.

2. Contribute opinions on aid amounts as prescribed.

3. Carry out state financial management of aid classified as state budget revenues.

4. Summarize financial management for aid amounts. Send annual reports to the Ministry of Planning and Investment for consolidating and reporting to the Prime Minister.

5. Supervise the financial management and compliance with financial regulations applicable to aid recipients under the scope of regulation of this Decree.

Best regards!

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