Discover over 4,000 amounts of expenses done incorrect procedures

Approximately 23 billion vnd was not accepted for payment by the Treasury for five months. Photo: T.Linh.

The Ministry of Finance has promulgated the mechanism, policies, and financial solutions, banking solutions that aim to strengthen the income and expenses management of State Budget tightly, effectively and enhance the management of using public property in accordance with its competence and submit to the Government and Prime Minister.

At the same time, implementing drastically and effectively specific measures on strengthening the management of revenue collection, combating loss, smuggling, trade fraud, price transfer and tax evasion; To strictly control the value added tax reimbursement, intensify the examination, inspection and audit work and concentrate on handling to reduce the tax arrears; Strict control of expenditures, ensuring correct policies, regimes by following the estimates, thoroughly practice saving and combat wastefulness; To strictly control the state administrative expenditures, to make the maximum reduction of expenses for organizing conferences, seminars, festive activities, anniversaries, commencement ceremonies, inaugurations, summaries, etc.

Furthermore, implementing the Resolution No. 07-NQ / TW of the Political Bureau on guidelines and measures for restructuring the state budget and public debt management to ensure a safe and sustainable national financial environment, the Ministry of Finance are proposing to the Government, and taking opinions of Government members on the Action Program in order to implement the Resolution and continue to improve policies, create clear legal framework for public service organizations to operate under the market mechanism, gradually reduce the subsidy of the State, increasing autonomy in funding.

The total expenditure of state budget until the end of May was estimated at 94.2 trillion vnd; accumulated five months achieved by 484.58 trillion vnd, equal to 34.8% of the current appropriation.

In the first 5 months of 2017, the state budget has made full and timely payment in accordance with the schedule of funds that allocated in the current appropriation for the state budget in 2017 to the beneficiaries of the policy and carry out the transfer expenditures on retirement pensions and grants to policy beneficiaries. The Reserve agency has also supplied over 60,000 tons of national rice reserves to help people in difficult areas.

Additionally, in the first five months of the year, the state treasury system has controlled expenditure about 293.5 trillion vnd of regular expenses and 66 trillion vnd of capital expenditures. Through that, they found out over 4,000 expenditures that have not complied with the prescribed procedures and regulations and requested the unit to add necessary procedures; disapproval for payment about 23 billion vnd.