Who is responsible for financial inspection of the Encyclopedia project?

20:05, 11/07/2024

Circular 94/2018/TT-BTC has been promulgated by the Ministry of Finance, regulating the financial mechanism for implementing the scheme to compile the Encyclopedia of Vietnam.

To be specific:, Circular 94 stipulates the financial inspection work for the implementation of the Scheme as follows:

- Annually, the Vietnam Academy of Social Sciences (VASS) takes the lead, in cooperation with the Ministry of Science and Technology, Ministry of Finance, relevant ministries, agencies, and units, to conduct regular or ad-hoc inspections on the implementation of tasks, contents, management, use, and settlement of the funds performing the Scheme.

- In the event that the tasks are not implemented according to the correct plan; the allocated funds are used for improper purposes, against policies: VASS is responsible for taking handling measures such as: suspending the tasks; disallowing improper expenditures, recovering funds to be paid to the state budget, requiring the presiding unit to handle improper expenditures and other forms of handling according to authority or proposing competent authorities to handle according to the provisions of the law.

For more details on the Responsibilities of the Vietnam Academy of Social Sciences, see Circular 94/2018/TT-BTC, effective from November 19, 2018.

- Thanh Lam -

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