Recently, the Ministry of Finance signed and promulgated Circular 180/2013/TT-BTC stipulating the implementation of the financial management mechanism and staffing of the State Treasury.
According to the provisions of Circular 180/2013/TT-BTC, the financial management of the State Treasury is organized as follows:
Source: Internet
- The preparation of estimates, execution, and finalization of the State Treasury's budget shall comply with the provisions of the Law on State Budget. Annually, the state budget appropriation for the State Treasury system is included in the Ministry of Finance's budget, which is submitted to the National Assembly for consideration and decision.- The structure of regular expenditures and investments for development and modernization of the State Treasury must ensure that regular expenditures do not exceed 70% of the allocated budget. Development investment expenditures are managed according to the provisions of law on investment, construction, and other related legal provisions.- When the state changes policies, the State Treasury shall cover the additional expenditures incurred due to new policies on its own.- Unutilized funds at the end of the year shall be carried over to the next year for continued use. Particularly for the funds stipulated in Clause 2, Article 3 of Circular 180/2013/TT-BTC, the management shall comply with the current legal provisions.
See more regulations in Circular 180/2013/TT-BTC, effective from January 16, 2014.
Thu Ba
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