Supplementing the Responsibilities of Organizations Supported by the State Budget

12:04, 11/07/2024

On September 28, 2018, the Ministry of Finance issued Circular 90/2018/TT-BTC amending and supplementing Circular 61/2017/TT-BTC providing guidelines on budget disclosure for budget estimate units and organizations receiving state budget support.

Circular 90 has supplemented the responsibilities of Level I budget estimation units and local organizations supported by the state budget, specifically, the responsibilities under the new regulations are as follows:

- Consolidate and publish data on the budget estimates and settlements of subordinate budget estimation units.- Consolidate and report on the budget disclosure situation of subordinate budget estimation units.- Submit to the financial authorities at the same level:- Documents and data for budget estimate and settlement disclosures.- Consolidated reports on the budget disclosure situation by April 30 each year (for budget estimate disclosures) and by February 28 the following year (for budget settlement disclosures).- The financial authorities at local levels shall provide specific guidance on the format for submitting budget disclosure documents of Level I budget estimation units and local organizations supported by the state budget accordingly.

More details can be found in Circular 90/2018/TT-BTC, which takes effect from January 1, 2019.

- Thanh Lam -

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