Funding Sources for the Implementation of Science and Technology Projects: Origins and Distribution

This is the notable content stipulated in Circular 18/2016/TT-BKHCN issued by the Ministry of Science and Technology on September 01, 2016, guiding the management of national-level science and technology projects.

Circular 18 stipulates that the funding for the implementation of the S&T Project includes the funds for performing tasks under the S&T Project and the general operating funds of the S&T Project, ensured from the following sources:

- The science and technology career budget balanced in the State budget estimate annually;- Funds from the Organization presiding over the S&T Project and organizations presiding over tasks under the S&T Project;- Funds mobilized from production investment projects and other sources.

At the same time, Circular 18 also stipulates the contents of State budget expenditures for S&T Projects include:

- Expenditures for the implementation of tasks under the S&T Project, including: application of expenditure items, expenditure contents, and expenditure levels according to current regulations for national-level S&T tasks;- General operational expenditures of the S&T Project, including: conference, seminar, preliminary review, and summary review expenditures of the S&T Project; inspection and evaluation expenditures of task results under the S&T Project; general management expenditures of the S&T Project; responsibility allowance expenditures for the chairperson of the S&T Project; and other expenditures directly related to the general activities of the S&T Project.

View details Circular 18/2016/TT-BKHCN effective from October 18, 2016.

-Thao Uyen-

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