Circular No. 117/2003/TT-BTC amends previous circulars regarding the financial regime of the State Bank of Vietnam, specifically detailing the total expenditure level for management and administrative activities, as well as bidding expenses and foreign currency payment of Treasury bills.
Đối tượng áp dụng
State Bank of Vietnam
Các điểm cốt lõi
- The State Bank of Vietnam is stipulated to have an annual total expenditure limit for management and administrative activities not exceeding 19 million VND per person per year, based on the average number of officials, civil servants, and employees.
- The State Bank of Vietnam must implement bidding expenses and foreign currency payment of Treasury bills according to the regulations of the Ministry of Finance.
🌐 Tác động xã hội từ văn bản này
- Positive impact: Helps the State Bank of Vietnam manage operating costs strictly, enhancing the efficiency of resource utilization.
- Negative impact: May cause difficulties in implementing international transactions if specific exchange rate and payment deadlines are not specified.
❓ Câu hỏi thường gặp
How much can the State Bank of Vietnam spend on management and administrative activities?
The State Bank of Vietnam is stipulated to have an annual total expenditure limit for management and administrative activities not exceeding 19 million VND per person per year, based on the average number of officials, civil servants, and employees.
How should bidding expenses and foreign currency payment of Treasury bills be handled?
Bidding expenses and foreign currency payment of Treasury bills must be implemented according to the regulations of the Ministry of Finance.
When does this circular take effect?
This circular takes effect 15 days after its publication in the Official Gazette and applies from the fiscal year 2004.
How much can the State Bank of Vietnam spend on management and administrative activities?
The State Bank of Vietnam is stipulated to have an annual total expenditure limit for management and administrative activities not exceeding 19 million VND per person per year, based on the average number of officials, civil servants, and employees.
Are there requirements for exchange rates when paying Treasury bills in foreign currency?
This circular only specifies that bidding expenses and foreign currency payment of Treasury bills must be implemented according to the regulations of the Ministry of Finance, without specifying particular exchange rates.
Toàn văn
CIRCULAR
Amending Circular No. 111/1999/TT-BTC dated September 17, 1999, and Circular No. 29/2002/TT-BTC dated March 26, 2002, guiding the financial regime for the State Bank of Vietnam
____________________________
Pursuant to Decree No. 100/1998/NĐ-CP dated December 10, 1998 of the Government on the financial regime of the State Bank of Vietnam, to be consistent with the actual operations of the State Bank of Vietnam,
The Ministry of Finance guides the amendment of Circular No. 111/1999/TT-BTC dated September 17, 1999, guiding the implementation of the financial regime for the State Bank of Vietnam, and Circular No. 29/2002/TT-BTC dated March 26, 2002, amending and supplementing Circular No. 111/1999/TT-BTC as follows:
- Point 2.6 Part B Section III regarding the total expenditure for management and public service activities in Circular No. 111/1999/TT-BTC shall be amended as follows: "The annual total expenditure for management and public service activities of the State Bank of Vietnam based on the average number of staff members of the State Bank of Vietnam per year shall not exceed VND 19 million/person/year."
- The provisions on bidding expenses and Treasury bill payments at Point 5 of Circular No. 29/2002/TT-BTC shall be amended as follows:
"Expenses for bidding and payment of Treasury bills and government bonds in foreign currency: this expense shall be implemented in accordance with the regulations of the Ministry of Finance."
This Circular takes effect fifteen days after its publication in the Official Gazette and applies from the fiscal year 2004./.
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