Source of funding for the implementation of social assistance system development?

On September 29, 2017, the Ministry of Finance issued Circular 98/2017/TT-BTC regulating the management and use of non-business funds for the implementation of the Target Program for the Development of the Social Assistance System for the period 2016-2020.

implementation of the Target Program for Social Assistance System Development is sourced from the following:

Central Budget

- Allocated within the annual state budget estimates of Ministries, ministerial-level agencies, agencies attached to the Government of Vietnam, and other central agencies to fulfill the assigned tasks of the Program;- Targeted supplements for Quang Ngai province and localities that cannot balance their budget independently, to implement the Projects of the Program.

Local Budget

- Ensure resources from the local budget to carry out tasks guaranteed by the local budget;- Actively allocate the local budget to coordinate with the central budget to effectively support the implementation of the Program's Projects.

More details can be found in Circular 98/2017/TT-BTC effective from November 15, 2017.

- Thanh Lam -

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