Management of Revenue from Project Management Activities Using Budget Funds

18:24, 11/07/2024

On July 17, 2017, the Minister of Finance issued Circular 72/2017/TT-BTC stipulating the management and use of revenues from project management activities conducted by investors and project management boards using state budget funds.

Circular stipulating the management and use of revenues from project management activities of investors, project management boards using state budget capital (including projects using official development assistance (ODA) capital and concessional loans from foreign donors balanced into the state budget).

Investors, Project Management Boards (PMB), organizations, and individuals involved in the management, use, inspection, auditing, and payment control of revenues from project management activities of investors and project management boards using state budget capital (including projects using official development assistance (ODA) and concessional loans from foreign donors balanced into the state budget).

For projects using official development assistance (ODA) and concessional loans from foreign donors, in the case where the regulations on the management and use of revenues of investors and PMB in this Circular differ from the Agreement between the Government of Vietnam and the donor or the international treaties in which Vietnam participates, the Agreement and international treaties shall apply...

Circular 72/2017/TT-BTC is effective from September 15, 2017, and replaces Circular 05/2014/TT-BTC dated January 06, 2014, of the Ministry of Finance.

Source: Finance Magazine

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