Guidelines for Preparing and Executing Budget Estimates for Training Compensation for Coaches and Athletes

13:18, 11/07/2024

Circular 61/2018/TT-BTC has been issued by the Ministry of Finance stipulating the contents and spending levels for the implementation of nutritional policies for coaches and high-achievement athletes. Circular 61 replaces the Joint Circular 149/2011/TTLT-BTC-BVHTTDL.

According to the new regulations, the preparation and execution of the budget estimate are guided by Circular 61 as follows:

- Annually, the Ministry of Culture, Sports, and Tourism; the Ministries and central agencies; the Department of Culture, Sports, and Tourism of the provinces and centrally-run cities shall prepare and compile their budget estimates into their respective budget estimates. These shall be sent to the corresponding financial authority for consideration, compilation, and submission to the competent authority for review and allocation of implementation funds.- Expenses for implementing nutrition policies for coaches and athletes are accounted for in the category "Other payments to individuals" under the corresponding Chapters, Types, and Sections.

See detailed expenditure levels at Circular 61/2018/TT-BTC effective from September 15, 2018.

- Thanh Lam -

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