Recently, the Ministry of Finance issued Circular 87/2008/TT-BTC guiding the management and use of children relief funds in Vietnam.
05 sources of revenues of Children Relief Fund of Vietnam (Internet image)
Circular 87/2008/TT-BTC stipulates the sources of revenues of Children Relief Funds in Vietnam as follows:
- Voluntary contributions, lawful donations in cash or kind, valuable papers, property rights and other assets of domestic and foreign organizations or individuals in the form of supports, contractual donation or presentation of assets, bequeathers' testaments or other forms, which are donated to the funds in accordance with law.
- Aid received for specified purposes and addresses for use under the authorization of donors.
- State budget allocations, including:
+ Funding for the performance of tasks assigned by state agencies;
+ Funding in support of regular expenditures according to expenditure norms for administrative management for staff members assigned by competent authorities to manage the funds
+ Funding for the provision of public services, implementation of scientific researches, national target programs, projects and schemes ordered by the State (if any).
+ Domestic funding for foreign-funded projects (if any).
- Revenues from deposit interests or government bond interests (if any).
- Other lawful revenues (if any).
More details can be found in Circular 87/2008/TT-BTC, which comes into force from November 7, 2008.
Ngoc Tai
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |