Principles of control and payment through Vietnam State Treasury from May 1, 2024

Principles of control and payment through Vietnam State Treasury from May 1, 2024

Specifically, the control and payment through the Vietnam State Treasury shall comply with the following principles:

- The Vietnam State Treasury shall carry out the control and payment under Clause 5 Article 56 of the Law on State Budget 2015, specifically:

+ State budget expenditures shall only be made when they are included in the assigned budget estimate, except for cases prescribed in Article 51 of the Law on State Budget 2015; there is a decision on such expenditures made by the head of the unit using the budget, investor, or authorized person and the account of the unit is sufficient for such expenditures.

+ The Vietnam State Treasury shall inspect the legality of spending documents and documentation enclosed with such spending documents subject to administrative procedures for submission to the Vietnam State Treasury prescribed in Decrees of the Government of Vietnam. 

If spending documents and documentation enclosed with such spending documents of the unit using the budget submitted to the Vietnam State Treasury are deliberately forged or falsified, the unit shall take legal liability.

Regarding documentation not subject to administrative procedures for submission to the Vietnam State Treasury as prescribed in Decrees of the Government of Vietnam, units using the budget shall control the payment contents and documents in compliance with the law. 

+ The Vietnam State Treasury shall control the quotas (expenditures) according to legislative documents. If agencies and units have been permitted to implement regulations on autonomy by competent authorities, ensure that the control complies with internal regulations on expenditures and conforms with the estimates assigned for autonomy.

- Expenditures shall comply with Clause 5 Article 34 of Decree No. 163/2016/ND-CP.

- Advanced expenditures and payments in cash shall comply with the Circular on guidelines on the management of revenues and expenditures in cash through the Vietnam State Treasury of the Ministry of Finance of Vietnam.

- If state budget expenditures are made in the form of e-transactions through the Public Service Website of the Vietnam State Treasury, the control and payment of the Vietnam State Treasury shall comply with regulations on e-transactions in State Treasury operations prescribed in Decree No. 165/2018/ND-CP; Decree No. 11/2020/ND-CP; Decree No. 45/2020/NĐ-CP; Circular No. 87/2021/TT-BTC.

See more details in Circular No. 17/2024/TT-BTC effective as of May 1, 2024.

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