2017 notices about the government budget
The estimated costs, exemptions and school fees reductions must be fairly constructed and addressed. Photo: Thuy Linh |
According to the circular, the Ministry of Finance insisted on a few important points when it come to forming and caculating the Budgett of 2017. Firstly, beginning from 2017 specialized purchases and expenses for price subsidies will be arranged in included in other expenditure and it will not be a separate cost. Therefore, all departments, from central offices to local offices will have to take responsibility for the task to record the above expenditure sectors and to detail estimates in order to support the Ministry of Finance to have the base for collecting monies and to support the decision by higher authorities.
Nevertheless, the estimated administrative budget must also clearly detail every content of payroll in 2017. Salaries and subsidies at the base amount of 1,210,000 vnd per month and other specific expense estimates (based on legal rights, justification for expense, spending level etc). 2017 will be the year of the Spirit of Saving, but effective. 2017 will be the second year of the 5 years plan for economic and social development from 2016 to 2020, in the same time being the first year of the stabilized period for the state budget 2017-2020.
Consequently, 2017 will be very important for achieving the goals of development. Notwithstanding, the mission to estimate government budget must match with the standard of the State budget Law of 2015 and guideline documents for implementation that are appropriate with the goals of the 5 year plan of the country’s development economically and socially from 2016-2020 that had been passed by the Congress and the single plan for development in economic-socio 2017.
Related News
Post-Customs Clearance Audit Department contributes 90% of entire customs sector’s revenue
08:15 | 12/05/2024 Customs
The Tax sector’s revenue collection reached 33% of current appropriation
10:50 | 15/04/2024 Finance
Promote the implementation of audit recommendations to prevent violations in public financial management
10:03 | 08/04/2024 Finance
Revenue from casino contributes about VND9,000 billion to the State budget
09:54 | 20/03/2024 Finance
Latest News
Fiscal policy is expanded and flexible to promote economic growth 2024
13:28 | 13/05/2024 Finance
Closely follow the situation, research and propose many solutions about taxes and fees to support the economy
08:16 | 12/05/2024 Finance
Prevent corruption and group interests in developing financial laws
10:07 | 11/05/2024 Finance
"Creativity in revenue collection to achieve set goals in difficult contexts"
14:55 | 10/05/2024 Finance
More News
Strive to effectively implement Global Minimum Tax in Vietnam
10:22 | 10/05/2024 Finance
State Treasury raises over $890 million worth of G-bonds in April
14:46 | 09/05/2024 Finance
State expenditure in the first four months of 2024 reaches VND522.2 trillion
09:54 | 09/05/2024 Finance
SBV ready to intervene to stabilise foreign exchange rate: Deputy Governor
15:41 | 08/05/2024 Finance
Warn about the fraudulent tricks of stock investment
16:30 | 07/05/2024 Finance
State budget revenue estimated at VND733.4 trillion
14:40 | 06/05/2024 Finance
Six localities should expedite site clearance and public investment
10:36 | 05/05/2024 Finance
Banks announce plans to significantly increase capital
15:11 | 04/05/2024 Finance
Minister of Finance Ho Duc Phoc receives Ambassador Extraordinary and Plenipotentiary of Japan to Vietnam
13:47 | 04/05/2024 Finance
Your care
Fiscal policy is expanded and flexible to promote economic growth 2024
13:28 | 13/05/2024 Finance
Closely follow the situation, research and propose many solutions about taxes and fees to support the economy
08:16 | 12/05/2024 Finance
Prevent corruption and group interests in developing financial laws
10:07 | 11/05/2024 Finance
"Creativity in revenue collection to achieve set goals in difficult contexts"
14:55 | 10/05/2024 Finance
Strive to effectively implement Global Minimum Tax in Vietnam
10:22 | 10/05/2024 Finance