Source of funding for training coaches and athletes: Where does it come from?

13:17, 11/07/2024

On July 26, 2018, the Ministry of Finance issued Circular 61/2018/TT-BTC stipulating the content and expenditure levels for implementing nutrition policies for high-performance sports coaches and athletes.

According to Circular 61, the funding for allowances for coaches and athletes is ensured from the following sources:

- State budget sources:- The central budget ensures the funding for implementing nutrition policies for coaches and athletes in national teams managed by the central government.- The local budget ensures the funding for implementing nutrition policies for coaches and athletes in local teams managed by local governments.- The state encourages national Sports Federations, Associations, units managing coaches and athletes, and related organizations to exploit other legitimate sources of income to supplement the nutrition policies for sports coaches and athletes.

See more related regulations at Circular 61/2018/TT-BTC, effective from September 15, 2018.

- Thanh Lam -

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