TABMIS operational in 1,500 points nationwide

15:48 | 02/08/2016 Finance Follow english.haiquanonline.com.vn on

VCN- The Treasury and Budget Management Information System (TABMIS) has been implemented and operated successfully by the State Treasury, which helps promote the reforms of State budget management.

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tabmis operational in 1500 points nationwide

TABMIS plays an important role in reforming the business processes and administrative procedures. Photo TH.

According to the report of the State Treasury, TABMIS has been applied in financial offices and provincial Treasury in 63 provinces and cities nationwide; 37 ministries and 3 departments of Hanoi with 15,000 users connecting and operating for the management of the State budget under the common international practice. TABMIS is currently operating at more than 1,500 points nationwide.

Regarding the effectiveness of the implementation and operation of TABMIS, the State Treasury said that this system had many advantages. Specifically: TABMIS recognized and conducted financial reports accurately and timely; strengthening the financial management decisions; strengthening budget management and treasury; enhancing accountability and control of public funds.

TABMIS also has the ability to provide access and exploitation of data estimates and actual spending data of estimating units at the level 1, as well as the agencies of management, plans, contributing to promoting and enhancing the accountability of the accounting units and the units using the state budget.

The State Treasury said that TABMIS significantly contributed in reforming the business processes and administrative procedures towards modernization, which was consistent with the regulations of international practices.

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The successful application of TABMIS has promoted the reforms of budget management and shortened the time for amending the budget to less than 1 month for all budget levels, improved the process of state budget allocation and payment orders, constructing the accounting system for the state budget under international practices.

By Thuy Linh/ Hoang Anh

Tags:

Vietnam state treasury budget management TABMIS information System reform administrative financial

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