The Ministry of Finance issued Circular 61/2017/TT-BTC on June 15, 2017, detailing the regulations on inspection and supervision of budget estimates implementation.
Circular 61 stipulates the inspection and supervision of budget estimates implementation as follows:
- Ministries, ministerial-level agencies, agencies under the Government of Vietnam, People's Committees at all levels, superior budget estimate units, and organizations receiving state budget support are responsible for inspecting the implementation of budget transparency by their immediate subordinates.- During the inspection process, if violations are detected, they must be promptly dealt with or reported to the competent authority for prompt handling in accordance with the law.- The Ministry of Finance is responsible for inspecting the implementation of budget transparency of central level budget estimate units and organizations receiving state budget support. Local financial agencies are responsible for inspecting the implementation of budget transparency of local level budget estimate units and organizations receiving state budget support.- The Vietnam Fatherland Front at all levels presides over the supervision of the implementation of state budget transparency according to regulations.
See details Circular 61/2017/TT-BTC effective from August 01, 2017.
-Thao Uyen-
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