The allocation, budget assignment, and input of budget estimates into the Tabmis system in 2019 in Vietnam

The allocation, budget assignment, and input of budget estimates into the Tabmis system in 2019 in Vietnam - image from internet

The allocation, budget assignment, and input of budget estimates into the Tabmis system in 2019 are regulated in Article 5 of Circular 119/2018/TT-BTC on the organization of implementing the state budget for 2019, issued by the Minister of Finance. To be specific:

1. Based on the approved budget estimates, competent authorities allocate and assign the budget to each budget-using unit. Central ministries and agencies make decisions on budget allocation and assignment, while local People's Committees at all levels submit to their respective People's Councils for decisions on the state budget revenue estimates within their jurisdictions, local budget expenditure estimates, and budget allocation within their own level. This ensures that the budget revenue and expenditure estimates for 2019 are delivered to each budget-using unit in accordance with the prescribed procedures, requirements, and deadlines stated in Articles 49 and 50 of the State Budget Law. The organization of budget transparency is conducted as regulated by the State Budget Law, the guiding documents for the implementation of the State Budget Law, and the guidelines in Article 12 of this Circular.

2. Provincial People's Committees are responsible for reporting the results of local budget allocation and assignment to the Ministry of Finance within a maximum of 5 working days after the decision on the budget estimates by the respective People's Councils. They also report the outstanding debt of mobilized capital as of December 31, 2018, and the borrowing and debt repayment plan for 2019 of the local budget to the Ministry of Finance before January 31, 2019. Additionally, they report the revenue, expenditure, and balance of the Financial Reserve Fund as required by the Ministry of Finance.

3. Based on the budget estimates for 2019, which are assigned by the Prime Minister and People's Committees, level I budgetary units of the central and local budgets implement the allocation and assignment of budget revenue and expenditure to subordinate budget-using units. They send these allocations to the same-level financial agencies and the State Treasury where transactions take place, in accordance with the provisions of Articles 49 and 50 of the State Budget Law, Article 31 of Decree 163/2016/ND-CP dated December 21, 2016, issued by the Government, which provides detailed regulations on some provisions of the State Budget Law, and Article 13 of Circular 342/2016/TT-BTC dated December 30, 2016, issued by the Ministry of Finance, which provides detailed regulations and guidelines for the implementation of Decree 163/2016/ND-CP by the Government. In case the financial agency agrees with the allocation and assignment of the level I budgetary unit, it notifies the level I budgetary unit in writing.

If the level I budgetary unit does not agree with the requirements of the financial agency, it shall report to the competent authority for consideration and resolution, in accordance with Clause 4 of Article 13 of Circular 342/2016/TT-BTC dated December 30, 2016, issued by the Ministry of Finance.

Furthermore, in cases where the tasks and responsibilities to be performed by the level I budgetary units at the local level are not clearly determined in the initial budget estimates, and there are anticipated expenses that have not been approved by the same-level People's Committee, the following options shall be implemented based on the provisions of the State Budget Law, the guiding documents for the law, and the local situation:

a) After the People's Committee assigns the budget estimates, the level I budgetary units at the local level, based on the functions, tasks of the subordinate units, and the anticipated tasks to be assigned to the subordinate units, shall allocate the budget to the subordinate units. In the budget allocation decision, the anticipated expenses that have not been approved by the People's Committee shall be clearly stated and can only be implemented when authorized by the competent authority. During the implementation process, if there are cases of surplus or insufficient funds in the units, the level I budgetary unit shall make adjustments between the subordinate units in accordance with the provisions of the State Budget Law and the guiding documents.

b) The financial agency shall report to the same-level People's Committee regarding the tasks and responsibilities that have not been clearly determined for the level I budgetary units in the initial budget estimates, and the anticipated expenses that have not been approved by the People's Committee. When the authorized tasks arise, the financial agency shall report to the same-level People's Committee to issue a decision on additional budget allocation for the level I budgetary units.

4. The input of budget estimates into the Tabmis system shall be carried out in accordance with the provisions of the Ministry of Finance's documents guiding the procedures for inputting budget estimates into the Tabmis system.

Above are regulations on the allocation, budget assignment, and input of budget estimates into the Tabmis system in 2019 in Vietnam. Please refer to the Circular 119/2018/TT-BTC for further information.

Best regards!