​ODA loans and preferential loans are not used for the purchase of cars

VCN - Ministry of Finance has issued Official Letter No. 2850 / BTC-QLCS dated 14th March 2018 to guide the procurement of public assets from the state budget in 2018. Accordingly, the Ministry of Finance proposed , while waiting for the issuance of the Government’s Decree on standards and norms of using cars, replacing Decision No. 32/2015 / QD-TTg, units and localities are not to use ODA loans and preferential loans for car purchase.  
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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.

oda loans and preferential loans are not used for the purchase of cars 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.

By Thuy Linh/ Huyen Trang

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