Funding for universalization of education and eradication of illiteracy in Vietnam

09:45, 25/03/2016

This is an important content of the Circular No. 07/2016/TT-BGDĐT of the Ministry of Education and Training of Vietnam on requirements and procedures for inspection for recognition of achievement of universalization of education and eradication of illiteracy.

According to Article 7 of the Circular No. 07/2016/TT-BGDĐT of the Ministry of Education and Training of Vietnam, funding for universalization of education and eradication of illiteracy is prescribed as follows:

- The funding for universalization of education and eradication of illiteracy is funded with the annual State budget which varies from areas to areas and lawful contributions of domestic and overseas entities.

- The allocation and amount of funding for universalization of education and eradication of illiteracy shall be conformable to the State's current regulations. Under regulations on financial management and the funding from the State budget, the People’s Committee of the province shall request the People’s Council to issue detailed regulations on allocation of funding for universalization of education and eradication of illiteracy according to the reality.

- The estimation and finalization of funding shall be carried out in accordance with the Circular No. 59/2003/TT-BTC dated June 23, 2003 by the Ministry of Finance guiding the application of the Law on the State budget and current regulations on financial management.

View more details at the Circular No. 07/2016/TT-BGDĐT of the Ministry of Education and Training of Vietnam, effective from May 10, 2016.

Le Vy

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