State Treasury promotes accelerate the disbursement of the Public investment capital plan

State Treasury determined to complete financial tasks – State Budget 2016. Photo: TH.

Accordingly, the implementation of the Resolution No. 60/NQ-CP of the Government dated July 8,2016 on accelerate the implementation and disbursement of the Public investment capital plan in 2016, the Director General Nguyen Hong Ha required the sub-departmentsof the State Treasury system to centralize resources, implement seriously and effectivelythe contentsof work within the functions and tasks were assigned to accelerate the implementation and disbursement of the public investment capital plans in 2016, striving to complete the financial tasks - the State budget in 2016 under the direction of the Government, the Prime Minister and the Ministry of Finance.

In the field of the state budget revenues, the sub-departmentsof the State Treasury will take the initiative in closely cooperation with the collectionauthorities, financial authorities in the localfor collecting, exchanging and providing the information, creating favourable conditions for taxpayers to centralize fast, full cost accounting, on time and accurate for the Budget revenues at all levels. At the same time stepping up the implementation of the project of "Modernization of management process of collecting and paying tax between the Tax authorities, Treasury, Customs and Finance".

In the field of expenditure control of the State budget, the sub-departmentsstrengthen the management and expenditurecontrol, ensuring strict accordance with the regulations; strengthen expenditure control in basic construction investment, ensure strict compliance with provisions of the Public Investment Law, the State Budget Law, the Construction Law and the others Decrees of the Government.

The State Treasury at all levels have coordinated with the financial authorities to carry out expenditure in advance and transfer recurrent expenditure sources in accordance with regulations.

The State Treasury has proposed the sub-departments to collaborateclosely with the investors for capturing timely and resolving the obstacles within their competence or report to the competent authorities for handling and settlement.

Aside from the contents related to the specialized field, the State Treasury required units in the system continue to review the regulations and administrative procedures in order to detect the wordy and complicated administrative procedures, which have caused difficulties, barriers to individuals, organizations in the process of organizing the collection and spendings of state budget. On that basis, the State Treasury has proposed superior to report to competent authorities to modify, supplement, replace and repeal the regulations, administrative procedures to simplify administrative procedures, create favorable conditions for individuals and organizations in dealing with the State Treasury.

Mr. Nguyen Hong Ha said, with a sense of responsibility, serious direction of the Government, the Prime Minister and the Ministry of Finance, the State Treasury has determined to complete the assigned tasks to contribute the effective implementation of financial tasks - state budget 2016.