Principles for Developing Communal Investment Plans

16:54, 11/07/2024

On February 14, 2017, the Ministry of Planning and Investment issued Circular 01/2017/TT-BKHDT to specify the principles for formulating investment plans at the commune level.

Circular 01 stipulates the principles for formulating commune-level investment plans as follows:

- Participation of organizations and residential communities within the village and commune- Implementation in a democratic, public, and transparent manner- Ensuring the balance of resources at various levels and the capacity to contribute resources from the community

Additionally, Circular 01 sets forth the contents of the commune-level investment plan, including:

- The status of the implementation of the previous period’s commune-level investment plan- Objectives and investment orientations in the medium-term/annual plan- Solutions and recommendations- List of investment projects

See details Circular 01/2017/TT-BKHDT effective from April 02, 2017.

-Thao Uyen-

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