ODA loans and preferential loans are not used for the purchase of cars
Illustrated photo |
According to the Ministry of Finance, for projects using official development assistance (ODA), preferential loans, commercial loans, non-refundable aids, while waiting for the issuance of the Government’s Decree on standards and norms of using cars, ODA loans, preferential loans and commercial loans are not to be used for car purchases.
For foreign non-refundable aid projects, where the agreements have been signed or project documents have been approved by the competent bodies with specific regulations on type, quantity and buying prices of cars, the purchase of cars used for the implementation of the projects shall be in accordance with regulations in the signed agreements or approved project documents. The purchase of cars from reciprocal capital (belonging to the investment capital fund) of projects funded by foreign loans shall comply with the regulations.
Regarding the procurement of other public assets, in the cases stipulated in the Law on Management and Use of Public Assets, the Ministry of Finance requests that the purchase must be in line with the standards and norms adopted by the competent agencies and persons according to the approved provisions, plan and estimates by the competent authorities.
The Ministry of Finance also proposes not to carry out nationally centralized procurement in 2018 for assets (except for medicines). The concentrated procurement at ministerial, central and provincial levels and the responsibility for expenditure control and dossiers of centralized procurement shall comply with the provisions of Government’s Decree No. 151/2017 / ND-CP dated 26th December 2017. The ministries, central agencies and provincial-level People's Committees shall send the list of centralized procurement to the State Treasury for the control of expenditures on the procurement of assets in accordance with the regulations.
The ministries, sectors and localities shall direct the agencies, organizations and units under their management to carry out the procurement of assets in accordance with the current standards, norms and regimes in a economical and effective way and in line with the nature of work and state budget, especially with high-value assets
The order and procedures for procurement of public assets must comply with the law on management and use of public assets and the bidding law and must ensure thrift and efficiency. Purchased assets must be accounted, reported and managed and used in accordance with the law on management and use of public assets.
Changing the conditions of duty-free temporary import of cars for beneficiaries VCN - The Prime Minister has issued Decision No. 10/2018 / QD-TTg amending and supplementing some articles ... |
Ministers, Directors of central agencies, competent agencies and persons as decentralized by ministers, Directors of central agencies and provincial-level People's Councils shall decide the procurement according to their competence and take responsibility before the law of their decisions.
Related News
Lang Son removes difficulties for auto importers
08:23 | 31/03/2024 Customs
Car imports drops near Lunar New Year
15:05 | 21/01/2024 Import-Export
About 120,000 cars imported in 2023
13:47 | 17/01/2024 Import-Export
The output reduction of the Tax Incentive Program for automobile manufacturing and assembly has not been considered
09:56 | 15/12/2023 Regulations
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