Guidance on Preparing the 5-Year Financial Plan Report for Local Authorities

Thu Hien

16:56, 11/07/2024

In the first year of the local budget stabilization period, the People's Committee shall prepare a 5-year local financial plan and a 5-year medium-term public investment plan.

Based on, requirements, principles of report preparation:

- The basis and requirements for local 05-year financial planning, local 03-year state budget financial planning are implemented according to the regulations in the Decree detailing the preparation of 05-year financial planning and 03-year state budget financial planning.- The basis and principles for the preparation of local 05-year medium-term public investment plans are in accordance with Clause 1, Article 50, Article 51 of the Law on Public Investment.

The report content includes:

- The content of the local 05-year financial plan, the local 03-year state budget financial plan is implemented according to the regulations in Article 17, Article 43 of the Law on State Budget.- The content of the local 05-year medium-term public investment plan is in accordance with Article 52 of the Law on Public Investment (Attached are templates from No. 01 to No. 11 of Decree 31/2017/ND-CP).

Annually, the People's Committee prepares a local 03-year state budget financial plan and submits it to the People's Council for reference when considering and deciding on local budget estimates and allocations.

See more Decree 31/2017/ND-CP effective from May 10, 2017.

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