Allocating administrative expenditure for State vehicles
Mr. Tran Duc Thang. |
As the Customs Newspaper reported, from October 1, 2016, the Ministry of Finance will officially allocate administrative expenditure for State vehicles for the title of the Deputy Minister, and leadership titles with the coefficient of 1.25 (the Director General or equivalent).
At a press conference on September 27, 2016, in response to the question "Why does the Ministry of Finance allocate administrative expenditures for a certain number of State vehicles instead of all State vehicles?", Mr. Tran Duc Thang, the Director of Public Asset Management Department, under the Ministry of Finance said that allocating administrative expenditure for State vehicles had been applied for a long time but so far, this regulation had been based on voluntary spirit, instead of mandatory rule.
The Ministry of Finance is the first agency issuing a decision to allocate administrative expenditures for State vehicles for the title of the Deputy Minister, Director General or equivalent. Because it was issued in a transitional period, the Ministry of Finance has been quite cautious. Therefore, after a certain time of implementation, the Ministry of Finance will review to adjust or expand.
Besides, allocating administrative expenditure for State vehicles means reducing the number of vehicles and the driving forces. This will take a certain time to calculate but cannot immediately "dissolve".
Thang said that there was no specific calculation on how much State budget would be saved under the new regulation. However, Mr. Tran Duc Thang stated: The number of vehicles for titles of leadership is about 901 cars, while the total number of State cars is 37,000. Thus, we may not save the State budget much.
"We are studying the allocation of administrative expenditures for State vehicles in some areas instead of buying a new car. This will be a direction to bring high efficiency. Regarding the allocation of administrative expenditures for State vehicles for titles of leadership, it may not gain much savings, but create a huge positive impact", Mr Thang said.
In addition, a representative of the Ministry of Finance said that we should have a specific roadmap on the basis of local conditions, locations, the development of private vehicles, public transport and particularly the ability to ensure security and safety for leaders.
Who has the right to liquidate official State vehicles? VCN- In response to relevant agencies questions about official State cars, the Ministry of Finance has provided ... |
The Public Asset Management Department has also been researching the replication of the allocation of administrative expenditures for State vehicles effectively. At least, when the Decree guiding the Law on Assets (expected to be approved by the National Assembly in May, 2017 and effective from January 1, 2018), the Ministry of Finance will propose specific mechanisms for this issue.
Related News
Vietnam ready to export first batch of sweet potatoes to China
13:57 | 06/04/2023 Anti-Smuggling
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Latest News
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
More News
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance
Consider raising the level of penalties to ensure fairness and transparency in the stock market
13:27 | 04/04/2023 Finance
Central bank cuts policy interest rates to spur growth
17:43 | 02/04/2023 Finance
Ensure policies to attract investment when implementing global minimum tax
10:33 | 02/04/2023 Finance
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks
20:30 | 01/04/2023 Finance
Solutions to attract FDI when implementing the global minimum CIT
11:38 | 01/04/2023 Finance
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba
13:43 | 31/03/2023 Finance
Being many "hot" issues at the general meeting of shareholders of banks
09:24 | 30/03/2023 Finance
Bringing the policies on reducing land rent and water surface rent into life
15:41 | 29/03/2023 Finance
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance