Circular 88/2017/TT-BTC: Principles of Expense Payment

For domestic expenditures:

Expense control is implemented according to Circular 161/2012/TT-BTC dated October 2, 2012 of the Ministry of Finance which stipulates policies for controlling state budget expenditures through the State Treasury; Circular 39/2016/TT-BTC dated March 1, 2016 of the Ministry of Finance amends and supplements some articles of Circular 161/2012/TT-BTC and any replacement, amendment, or supplementing circulars if any.

For overseas expenditures (payments in US dollars or the local currency):

- The unit assigned by the Minister of Science and Technology to be the standing agency of Scheme 2395 may open a budget account at the State Treasury, be paid in foreign currency from the centralized foreign currency fund, and implement expense control through the State Treasury.

- Payment content includes expenses stipulated in Article 4, Article 5, Article 7, and Article 8 of Circular 88/2017/TT-BTC.

- Principles for control and payment at the State Treasury:

Based on the contract with the foreign training institution or the notice in the admission letter of the foreign training institution; the Decision to dispatch officers to study and the request of the head of the unit assigned as the standing agency of Scheme 2395 (represented via the Budget Withdrawal Form), the State Treasury will base on the assigned budget estimate, control, and pay according to the standards and regulations stipulated in this Circular and existing regulations on control and payment, and execute direct transfers to the service provider or beneficiary's account.

For living expenses, they can be advanced in cash for the individual sent for training, a maximum of up to 3 months of living expenses.

Circular 88/2017/TT-BTC takes effect from October 7, 2017.

- Nguyen Trinh -

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