Guidance for Units on Transferring Budget Funds from the End of 2018 to 2019

Thuy Phu

12:44, 11/07/2024

Ministry of Finance recently issued Official Dispatch No. 15391/BTC-KBNN providing guidance on year-end budget handling for 2018, transitioning into 2019 and subsequent years. Specifically, the transferred funds include:

- Development investment expenditures to be transferred to the following year;- Expenditures for purchasing equipment with complete documentation, equipment purchase contracts signed before December 31, 2018; expenditures for increasing and replenishing national reserves;- Funds for implementing salary policies, allowances, and benefits calculated based on statutory pay rate, and social protection;- Budget allocated for self-management (including lump-sum management expenses) of public service providers and state agencies; non-refundable aids with specific expenditure tasks;- Budget estimates supplemented by competent authorities from the budget level after September 30, 2018, excluding supplements due to adjustments by upper-level estimating units for the subordinate estimating units.

Before February 10 of the following year, the unit shall prepare a reconciliation table, confirm with the State Treasury where the transaction takes place regarding the budget estimate balance, advance balance, and balance on the budget deposit account so that the State Treasury will continue to supervise expenditures as per the provisions of the Law on State Budget (if any), accompanied by relevant documents for review and reconciliation of the transfer to the following year's budget.

More details can be found in Official Dispatch 15391/BTC-KBNN dated December 11, 2018.

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