The Ministry of Finance of Vietnam's guidelines for models of reports according to Circular 15/2021/TT-BTC

The Ministry of Finance of Vietnam's guidelines for models of reports according to Circular 15/2021/TT-BTC (Internet image) 

Regarding this issue, LawNet would like to answer as follows:

On February 7, 2024, the Ministry of Finance issued Official Dispatch 1626/BTC-DT on models of reports according to Circular 15/2021/TT-BTC.

The Ministry of Finance of Vietnam's guidelines for models of reports according to Circular 15/2021/TT-BTC

Specifically, the Ministry of Finance has issued Circular 15/2021/TT-BTC regulating the regime and reporting form on the implementation and payment of public investment capital.

In recent years, localities have deployed monthly reports, detailed 6-month reports, detailed 13-month annual plans, and detailed mid-term reports. However, during the process of synthesizing the report, the Ministry of Finance found that localities still have the following problems:

- Time is not guaranteed (monthly before the 15th of the month; report 13 months before February 28 of the year following the plan year), and the report form still lacks the extended plan disbursement column and cumulative disbursement estimates from the beginning of the year to the reporting month.

- Regarding local budget capital: many localities have incompletely reported district and commune-level budgets (usually only reported at the provincial level).

For detailed reporting of 6 months, 13 months, and mid-term, unreported local budget sources by industry and field.

- Regarding central budget sources: some ministries and localities are still not in the correct order according to the sectors and fields as prescribed in the Resolution of the National Assembly Standing Committee and the Prime Minister's Decision.

- Some localities reported that projects managed by ministries and central agencies are not in accordance with regulations in Circular 15/2021/TT-BTC. In Clause I, Appendix Guidance on preparing the reporting form specified in the Circular 15/2021/TT-BTC stipulating that "localities report content regarding localities.".

- Regarding signing and stamping: According to Form 01b/TTKHN of Circular 15/2021/TT-BTC, it is stipulated that heads of finance/planning agencies and the State Treasury sign and stamp. However, some localities have not yet compared data between the parties, and there is no consensus between agencies, only 01 agency signs and stamps.

The above issues have led to difficulties in synthesis, affecting the time and quality of reports from the Ministry of Finance to the Prime Minister. To serve the compilation of monthly reports, detailed 6-month and 13-month reports according to the provisions of Circular 15/2021/TT-BTC dated February 18, 2021.

The Ministry of Finance recommends:

- For monthly reports: it is recommended that localities seriously comply with the regime of reporting on the implementation and payment of public investment capital according to Circular 15/2021/TT-BTC dated February 18, 2021, of the Ministry of Finance, which ensures the reporting time (before the 15th of every month) and the reporting form. Please note that you must submit a full report for the first month of the planning year because some localities do not submit a January report.

- For detailed 6-month, 13-month, and mid-term reports: it is recommended that ministries, central agencies, localities, and the State Treasury, within their scope of management, report on the implementation and payment of public investment capital to ensure accuracy and completeness according to the forms prescribed in Circular 15/2021/TT-BTC dated February 18, 2021, of the Ministry of Finance stipulating the regime and reporting form on the implementation and payment of public investment capital.

In particular, the People's Committees of the provinces direct the Department of Finance and the Department of Planning and Investment to coordinate with the State Treasury of provinces and cities to unify reporting data and send it to the Ministry of Finance according to the prescribed time before February 28, 2024.

- It is recommended that ministries, central agencies, and localities pay attention to properly reporting projects under their management authority: Ministries and central agencies only report content to central ministries and agencies, and localities only report locally managed projects (do not report investment projects managed by ministries or central agencies on the table).

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