This Decree promulgates the State Budget Law, which was adopted by the National Assembly on June 25, 2015. This Law stipulates the establishment, management, and utilization of the state budget.
Key points
- The National Assembly → adopts the State Budget Law
- The Government → performs the function of preparing the state budget estimate
- Issuing regulatory legal documents → in accordance with the Law on Issuance of Regulatory Legal Documents
🌐 Social impact of this document
- Positive: Ensuring transparency and efficiency in state budget management.
- Negative: It may cause difficulties for businesses in complying with regulations on preparing the budget estimate.
❓ Frequently asked questions
What responsibilities does the National Assembly have under this Law?
The National Assembly adopts the State Budget Law.
What functions does the Government have in preparing the state budget estimate?
The Government performs the function of preparing the state budget estimate.
Full text
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PRESIDENT OF THE STATE
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SOCIALIST REPUBLIC OF VIET NAM Hanoi, July 9, 2015 |
ORDER
Regarding the promulgation of the Law
______
CHAIRMAN
SOCIALIST REPUBLIC OF VIET NAM
On the basis of Article 88 and Article 91 of the Constitution of the Socialist Republic of Vietnam;
Pursuant to Article 91 of the Law on the Organization of the National Assembly;
Pursuant to Article 57 of the Law on the Issuance of Legal Normative Documents,
NOW PROMULGATE
Law 1. Within fifteen days after the end of each quarter, the project leader who implements expenditure control at the State Treasury shall prepare a report and send it to the supervising agency, concurrently sending it to the financial agency at the same level regarding the disbursement of ODA and preferential loan funds in that quarter, along with the accounting vouchers for state budget revenue and expenditure confirmed by the State Treasury where the transaction takes place.
Passed by the National Assembly of the Socialist Republic of Vietnam, 13th term, 9th session on June 25, 2015./.
| CHAIRMAN SOCIALIST REPUBLIC OF VIET NAM (Signed) Truong Tan Sang |
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