Basis for Communal Investment Planning

On February 14, 2017, the Ministry of Planning and Investment issued Circular 01/2017/TT-BKHDT stipulating specific regulations on the basis for developing the commune-level investment plan.

Circular 01 regulates the communal-level investment planning based on:

- The local socio-economic development plans, relevant planning schemes, and the new rural construction project at the communal level approved by the competent authorities.- The objectives, targets, and criteria of the national target programs. Priority is given to projects linked to the development of production and increase in the income of the populace.- The implementation status of the socio-economic development plan and the previous phase's implementation of national target programs.- The demand and forecast of funding balance capabilities (central budget, provincial budget, district budget, communal budget, people's contributions, and other lawful funding sources) for implementing the national target programs.

For detailed information, see Circular 01/2017/TT-BKHDT effective from April 2, 2017.

- Thao Uyen -

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