Reporting on Plans for Construction investment capital from state budget in Vietnam

12:56, 10/07/2024

On June 30, 2014, the Ministry of Finance promulgated Circular 85/2014/TT-BTC guiding the management, payment, and settlement of investment capital for construction projects from the state budget for the implementation of the Forest Protection and Development Plan in Vietnam.

Chế độ báo cáo kế hoạch vốn đầu tư xây dựng NSNN, Thông tư 85/2014/TT-BTC

Reporting on Plans for Construction investment capital from state budget in Vietnam (Internet image)

Circular 85/2014/TT-BTC stipulates the policies for reporting the investment capital plan for state budget construction in implementing the Forest Protection and Development Plan in Vietnam as follows:

For investors, ministries, and provinces and centrally affilicated cities in Vietnam: implement reporting policies according to the provisions in Decision 52/2007/QD-TTg and Circular 05/2007/TT-BKH.

For the State Treasury:

- Implement reporting policies as prescribed by the Ministry of Finance of Vietnam;

- At the end of the plan year, the State Treasury consolidates payment data for investment capital and reports to the financial body of the same level in accordance with regulations on state budget settlement

- At the end of the plan year, the State Treasury confirms the payment amount for the year, the cumulative payment from the start of construction until the end of the state budget year for each project as prepared by the investor at two time points: by January 31 of the following year and by June 30 of the following year.

For details, refer to Circular 85/2014/TT-BTC which comes into effect in Vietnam from August 15, 2014.

Ty Na

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