Reduce 5% of recurrent expenditure estimate from beginning of year

Reduce 5% of recurrent expenditure estimate from beginning of year

VCN - This is one of the important instructions in Directive No. 01/CT-TTg dated January 4, 2024 on strengthening savings in state budget expenditures signed by Prime Minister Pham Minh Chinh.
Very frugal in recurrent expenditures, Ministry of Finance

Very frugal in recurrent expenditures, Ministry of Finance

VCN - Explaining and clarifying the opinions of National Assembly delegates at the session on issues related to finance, budget, and public investment on the morning of November 2, Minister of Finance Ho Duc Phoc stated that a strong finance must be based
Saving recurrent expenditures, cuts down on unnecessary expenditures

Saving recurrent expenditures, cuts down on unnecessary expenditures

VCN - The Ministry of Finance has strictly managed state budget spending, and thoroughly saved recurrent expenditures from the year’s estimation and during the implementation process.
State budget revenue increases 9.2% in nine months

State budget revenue increases 9.2% in nine months

In the context of the Covid-19 pandemic, State budget revenue continued to be affected, however, the results of budget revenue in the first nine months of the year still increased
Saving recurrent expenditure of state budget in 2022

Saving recurrent expenditure of state budget in 2022

The quota system of recurrent expenditure allocation has been promulgated by the National Assembly Standing Committee in Resolution No. 01/2021/UBTVQH15
Securing financial sources for anti-pandemic

Securing financial sources for anti-pandemic

Securing financial resources for pandemic prevention plays an important role in achieving Vietnam’s. dual targets
Increasing recurrent expenditure savings to ensure budget balance in the context of the Covid-19 pandemic

Increasing recurrent expenditure savings to ensure budget balance in the context of the Covid-19 pandemic

VCN- Fiscal policy is both about solving urgent problems in the short term, and in the long term, creating favourable conditions for the business investment and production development environment.
Arrange apparatus and promote autonomy to reduce recurrent expenditure 

Arrange apparatus and promote autonomy to reduce recurrent expenditure 

VCN- In the circular guiding the implementation of State budget estimate in 2020, the Ministry of Finance proposed ministries, sectors and localities regularly inspect the compliance with mechanisms and policies in subordinate units.
Reduce recurrent expenditure: despite positive results, pressure is not over

Reduce recurrent expenditure: despite positive results, pressure is not over

VCN- According to the latest report by the Ministry of Finance, in the first nine months of 2019, total state budget expenditure reached 63.1% of the estimate, of which regular spending reached 73.4%.
Tighten discipline for recurrent expenditure associated with staff downsizing

Tighten discipline for recurrent expenditure associated with staff downsizing

VCN - Losses, wastage in recurrent expenditure capital is difficult to solve and has been existed for long time despite drastic solutions
The State Treasury refuses to pay over VND 60 billion for recurrent expenditure

The State Treasury refuses to pay over VND 60 billion for recurrent expenditure

VCN- For capital construction investment expenditure, the estimate for the fiscal year 2017 (until the end of 31st October 2018) and the accumulated investment capital disbursed via State Treasury was VND 304,645.2 billion, equivalent to 87.9 % of the yea
Criteria for assessing the results of thrift practice and waste combat in recurrent expenditure

Criteria for assessing the results of thrift practice and waste combat in recurrent expenditure

VCN- Accordingly, the annual results assessment of thrift practice and waste combat in recurrent expenditure based on savings targets in the Government’s annual general program.
Minister  Dinh Tien Dung: Increasing capital expenditure and reducing recurrent expenditure

Minister Dinh Tien Dung: Increasing capital expenditure and reducing recurrent expenditure

This content was mentioned by the Minister of Finance under authorization of the Prime Minister on presenting the Report on implementation results of state budget 2017, state budget estimate and allocation plan for 2018 and the three-year finance and budg
State Treasury: Strict control of recurrent expenditure estimates

State Treasury: Strict control of recurrent expenditure estimates

VCN -The State treasury units discovered 9,081 expenditures of insufficient procedures under regulations in the first six months. Photo: Thuy Linh
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