Ensure deadline for payment of public investment capital at State Treasury

VCN - In a recent official dispatch on allocation and entry of estimates into the Treasury and Budget Management Information System (Tabmis) and disbursement of the 2024 public investment capital plan, the Ministry of Finance requested the State Treasury to serious follow the principle of “post-payment audit”.

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The State Treasury offers solutions to contribute to promoting disbursement of public investment capital. Photo: Thuy Linh
The State Treasury offers solutions to contribute to promoting disbursement of public investment capital. Photo: Thuy Linh

According to the Ministry of Finance, this agency performed the data entry on Tabmis in 2024 from level 0 to level 1 for ministries and central agencies to ensure completion before December 31, 2023, and is implementing the entry on Tabmis in 2024 from level 0 down to level 4 for local agencies.

Pursuant to Clause 1, Article 11, Chapter II Circular No. 123/2014/TT-BTC dated August 27, 2014 of the Ministry of Finance guiding the organization and operation of the Tabmis: "The deadline for importing estimates shall not exceed 10 working days from the date of receipt of the estimate delivery document (for the official annual estimate), and no more than 5 working days for additional allocation and adjustment of the estimates".

Therefore, the Ministry of Finance requests to urgently enter estimates on the Tabmis to ensure the prescribed deadline so that the Finance agency has a basis for approval and ensures estimates for disbursement of projects. At the same time, the Ministry of Finance also stated many tasks for ministries, central and local agencies to boost the disbursement in 2024.

In particular, for the State Treasury, the Ministry of Finance requested the State Treasury to strengthen the receipt and sending of documents as a basis for control and payment in the online form on the Online Public Service Portal of the State Treasury.

In particular, the State Treasury must seriously follow the principle of "post-payment audit" for each disbursement until the disbursed value reaches 80% of the contract value before switching to the form of "pre-payment audit" according to the provisions of Decree No. 99/2011/ND-CP dated November 11, 2021 of the Government.

Particularly for the control of public investment capital expenditure from foreign capital sources for capital withdrawal method, the Ministry of Finance proposes to comply with the provisions of Decree No. 114/2021/ND-CP dated December 16, 2021 of the Government on the management and use of official development assistance capital and preferential loans from foreign donors.

For capital advance payments or payments in the form of pre-payment audit, the Ministry of Finance request that the time limit for payment at State Treasury is within one working day after receiving complete documents according to regulations. For the remaining payments, the time limit for implementation at the State Treasury is three working days after receiving complete documents according to regulations.

By Huong Diu/ Huyen Trang

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