Ministry of Finance striving to cut at least 10% of regular employees for 2015-2021 period

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Continue to save 10% on recurrent spending.

In this program, the Ministry of Finance clarifies specific contents, objectives, solutions and criteria for thrift practice and waste combat in each area.

Specifically, regarding the management and use of recurrent expenditures of the state budget, to further promote strict managementand save spending to reduce the recurrent spending rate, contributing to restructuring the budget expenditure; to strictly abide by the financial - state budget discipline, strengthen the inspection, supervision and publicity and transparency of the use of the state budget, especially in areas susceptible to losses and waste.

The program also aims to thoroughly shift practice from the stage of profiling, allocating and assigning annual budget estimates to units; to thoroughly save recurrent expenditures (excluding wages and wage-related incomes) to create a source of wage reform.

In which, to save 10% of regular spending as prescribed; to strive to save 12% of the budget estimates approved by the competent authorities for expenses for conferences, seminars, dialogues, meetings, guest receptions; to restrict funds for foreign research and surveys, to strive to save 15% of delegations in and out of the country, to continue to cut 100% of the groundbreaking and inauguration ceremonies of capital construction works; strive to reduce at least 2.5% of public service delivery units compared to 2015, to ensure the goal of reducing at least 10% of public service delivery units by 2021 compared to 2015, to have 10% of self-funded units and to reduce 10% of direct expenditures from the state budget for public service delivery units compared with the 2011-2015 period on average.

Regarding the management and use of public investment capital, to follow thrifty investment policies, only decide on investment policies in effective and eligible projects; to allocate foreign capital in line with the disbursement progress from the donor, to allocate sufficient capital for the projects ending the loan agreement in 2020, to manage and use 10% of the reserve fundfor medium-term public investment plan from 2016 to 2020 in accordance with the National Assembly’s Resolution; at the same time, to strictly implement the saving of 10% of the total investment stated in the Government's Resolution 89 / NQ-CP.

Regarding the management and use of state capital and assets at enterprises, topractice thorough thrift to save energy, materials and input costs; to apply new technologies to improve quality, save business and production costs; to register and implement cost management reduction (from 5% or more).

For the management and use of employees and working time, to cut down regular employees associated with restructuring and improving the quality of the contingent of civil servants, contracted employees and employeesunder Resolution No. 18-NQ / TW and Resolution No. 19-NQ / TW; to strictly comply with the Government's regulations on human resource streamlining, striving to downsize regular employees for the entire 2015-2021 period to at least 10% of the number of regular employees assigned by competent authorities in 2015.

Agencies and units shall only recruit a number of new contracted employees not in excess of 50% of regular employees which have been cut and not in excess of 50% of regular employees which have retired and left their positions.

To deploy the program, the Ministry of Finance will strengthen the inspection and examination of the formulation and implementation of thrift practice and waste combat program; inspect, examine and handle violations in implementation of legal provisions on thrift practice and waste combat activities to create positive changes in thrift practice and waste combat at agencies and units.

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In particular, the Ministry of Finance will focus on organizing the inspection of a number of key contents, fields and works, in particular, focusing on the fields of land management and use; investment projects funded by the state budget or originated from the state budget; the management and use of working offices and official houses; national target programs; funds derived from the state budget; procurement, equipment, management and use of vehicles; working equipment; information technology equipment; recruitment and appointment of civil servants and contracted employees; the use of public properties for business purposes, leasing and joint ventures.