Funding for the Implementation of the New Rural Construction Campaign Sourced from Which Funds?

13:39, 11/07/2024

On November 15, 2017, the Ministry of Finance issued Circular 121/2017/TT-BTC regulating the management and use of funds for the implementation of the Campaign "All People Unite to Build New Rural Areas and Cultured Urban Areas."

The funding sources for the Campaign are derived from the following two main sources:

- State budget sources:- The central budget ensures funding for the Campaign by the Central Committee of the Vietnam Fatherland Front, and central agencies of political-social organizations.- Local budgets ensure funding for the implementation of the Campaign at the provincial and district levels.- Local budgets ensure funding for the implementation of the Campaign by the Commune-level Vietnam Fatherland Front Committee, commune-level political-social organizations, and the Front Working Committees in residential areas.- Funds mobilized from voluntary contributions by organizations, individuals, and households in the form of private investment and other funding sources.

For more details on the expenses for the campaign, refer to Circular 121/2017/TT-BTC, effective from January 1, 2018.

- Thanh Lam -

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