Hanoi State Treasury: Shortening spending control time and boosting public investment disbursement

Hanoi State Treasury: Shortening spending control time and boosting public investment disbursement

VCN – The Hanoi State Treasury has shortened spending control time and used online public services in operations to minimise the Covid-19 pandemic’s impacts on public investment disbursement.
Budget revenue reduces; urgent need is to save spending: Minister of Finance Dinh Tien Dung:

Budget revenue reduces; urgent need is to save spending: Minister of Finance Dinh Tien Dung:

VCN - During a discussion session on the socio-economic situation and State budget on November 5, Minister of Finance Dinh Tien Dung, on behalf of the Government, explained a number of issues of concern that National Assembly deputies mentioned in the pas
The risk of State budget deficit 12.5% compared to estimate

The risk of State budget deficit 12.5% compared to estimate

VCN- On October 20, Minister of Finance Dinh Tien Dung said that State budget revenue for the year is estimated at VND 1,323.1 billion, a deficit of VND 189.2 trillion (down 12.5%) compared with the estimate.
State Treasury: safely and effectively managing state budget

State Treasury: safely and effectively managing state budget

VCN – In the first six months of 2020, despite complicated developments of the country’s financial and economic situation due to the Covid-19 pandemic, the State Treasury closely followed directions of the Government as well as the Ministry of Finance on
Local State Treasuries have high investment disbursement rate

Local State Treasuries have high investment disbursement rate

VCN –Investment disbursement over the entire State treasury system has been focused from the beginning of 2020. Thereby, by the end of February, investment disbursement in some localities saw positive results.
State revenue reached 97.5 percent in eleven months

State revenue reached 97.5 percent in eleven months

VCN – According to the latest report from the Ministry of Finance, total state revenue in November was estimated at VND 108.9 trillion.
Nearly VND50,000 billion spent on importing cars

Nearly VND50,000 billion spent on importing cars

VCN – Despite declining in July compared to previous months, car imports in September still reached a high level.
Expanding budget revenues: need good policies and good management

Expanding budget revenues: need good policies and good management

VCN - In the context of difficult budget situation, in order for sustainable development, Vietnam needs to expand its potentials to increase expenditure for development without affecting sustainable development of the financial system.
The spending levels for the preparation of the legal documents.

The spending levels for the preparation of the legal documents.

VCN- The Ministry of Finance has issued Circular 338/2016/TT-BTC of the regulations on cost estimates, management, use, and balance of the State budget for the preparation of legal documents and legal system refining.
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