Principles for the Management, Payment, and Settlement of Investment Funds and Operational Funds

Bich Hoa

08:46, 11/07/2024

The management, disbursement, and settlement of investment capital for projects in impoverished districts must ensure proper purpose, appropriate beneficiaries, cost savings, and efficiency; and comply with the State's financial, investment, and construction management policies.

The management, use, payment, and finalization of investment capital from various sources: commune-level budget, Government of Vietnam bonds, ODA capital, and concessional loans are implemented as follows:

- Investment projects funded by commune-level budget and within the approval authority of the Chairman of the commune People's Committee are implemented according to Circular 28/2012/TT-BTC and its amendments, supplements, or replacements (if any);- Investment projects funded by Government of Vietnam bonds are implemented according to the regulations in Circular 231/2012/TT-BTC and its amendments, supplements, or replacements (if any);- Projects utilizing ODA capital and concessional loans are implemented according to the regulations in Circular 218/2013/TT-BTC and its amendments, supplements, or replacements (if any);

Particular provisions such as the time for adjusting capital plans, implementation time, and capital payment time are implemented according to the regulations in Circular 22/2015/TT-BTC and documents of the competent authority.

Refer to Circular 22/2015/TT-BTC which takes effect from March 29, 2015.

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