Who Has the Authority to Approve Project Settlement Using Funds Managed by the Ministry of Agriculture and Rural Development?

The content is detailed in Circular 32/2016/TT-BNNPTNT, which stipulates the final settlement of completed projects funded by state capital managed by the Ministry of Agriculture and Rural Development.

According to the provisions of Circular 32/2016/TT-BNNPTNT, the approval of final settlement of completed projects funded by state capital managed by the Ministry of Agriculture and Rural Development (MARD) falls under the authority of the following agencies:

- For national important projects and other important projects decided by the Prime Minister of the Government of Vietnam: The Minister approves the final settlement for projects or project components managed by the Ministry;- For group A projects decided by the Minister: The Deputy Minister in charge approves the final settlement of completed projects;- For group B and group C projects:

- Assign the Department of Finance to approve the final settlement of group B and group C projects invested by the Ministry;- General Departments: Water Resources, Forestry, Fisheries are responsible for approving the final settlement of completed group B and group C projects appraised by the General Departments and submitted to the Minister for investment decision, and projects funded by units under the General Departments.

Details can be found at Circular 32/2016/TT-BNNPTNT effective from December 15, 2016.

- Thanh Lam -

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