Joint Circular No. 159/2007/TTLT-BTC-BQP amending Joint Circular No. 118/2005/TTLT/BTC-BQP stipulates the allocation of funds to defense companies. Accordingly, the Ministry of National Defense allocates detailed support expenditure tasks for each company according to the state budget estimate and sends it to the Ministry of Finance for review; specifically, investment, capital supplementation, reward fund grants, and welfare benefits are directly allocated from the Ministry of Finance.
Scope of application
Defense Company
Key points
- The Ministry of National Defense → allocates detailed support expenditure tasks for each defense company according to the state budget estimate and sends it to the Ministry of Finance for review;
- The Ministry of Finance → directly allocates investment, capital supplementation, and grants for two reward and welfare funds for defense companies from the state budget;
🌐 Social impact of this document
- Positive impact: Ensures financial resources for defense companies, enhancing the efficiency of production and public service provision activities.
- Negative impact: May increase administrative burden for the Ministry of National Defense in allocating detailed support expenditure tasks.
❓ Frequently asked questions
How are defense companies allocated funds?
The Ministry of National Defense allocates detailed support expenditure tasks according to the state budget estimate and sends it to the Ministry of Finance for review. Investment, capital supplementation, and grants for two reward and welfare funds are directly allocated from the Ministry of Finance.
What is the effective period of this Circular?
This Circular takes effect fifteen days after its publication in the Official Gazette.
What actions should defense companies take upon receiving funds?
Specific actions for defense companies upon receipt of funds are not detailed in the document, but through the regulations of the Ministry of Finance and the Ministry of National Defense, they will implement the allocated support expenditure tasks according to the approved budget.
Who is responsible for resolving issues arising from the implementation of this Circular?
Units encountering difficulties must report to the Ministry of Finance and the Ministry of National Defense for research and resolution.
To which sectors do defense companies covered by this document operate in?
This Circular applies to defense companies operating in the production and supply of public goods and services as stipulated by Decree No. 31/2005/NĐ-CP of the Government.
Full text
| MINISTRY OF FINANCE - MINISTRY OF NATIONAL DEFENSE |
SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| Number: 159/2007/TTLT-BTC-BQP | Hanoi, December 31, 2007 |
JOINT CIRCULAR
Amending Circular Jointly Issued No. 118/2005/TTLT/BTC-BQP dated December 22, 2005 of the Ministry of Finance - Ministry of National Defense guiding certain provisions on finance for defense companies under Decree No. 31/2005/NĐ-CP dated March 11, 2005 of the Government on production and supply of public goods and services
To align with current circumstances and ensure consistency within the system of legal documents governing defense companies, the Ministry of Finance and the Ministry of National Defense jointly issue this guidance to amend and supplement Point 2 of Part III of Circular Jointly Issued No. 118/2005/TTLT/BTC-BQP dated December 22, 2005 of the Ministry of Finance - Ministry of National Defense guiding certain provisions on finance for defense companies under Decree No. 31/2005/NĐ-CP dated March 11, 2005 of the Government as follows:
"2. Allocation of funds.
Based on the annual state budget estimate assigned by the competent authority, the Ministry of National Defense shall detail the allocation of support expenses for each defense company according to the contents specified in Part II above, submit it to the Ministry of Finance for review as the basis for implementation according to current regulations; the Ministry of National Defense shall implement this through budget withdrawal.
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For investment expenditures, capital supplementation, and subsidies for the two reward funds and welfare funds for defense companies from the state budget, the Ministry of Finance shall directly allocate these funds to the defense companies based on the Ministry of National Defense's proposal."
This circular takes effect fifteen days after its publication in the Official Gazette.
During implementation, if there are any difficulties, units are requested to report them to the Ministry of Finance and the Ministry of National Defense for study and resolution./.
Lieutenant General Nguyen Van Duoc
This Circular takes effect fifteen days after the date of publication in the Official Gazette.
In the course of implementation, if there are any difficulties, units are requested to report to the Ministry of Finance and the Ministry of National Defense for study and resolution./.
|
DEPUTY MINISTER OF NATIONAL DEFENSE DEPUTY MINISTER (Signed) |
MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT DEPUTY MINISTER (Signed) |
| Lieutenant General Nguyen Van Duoc | Tran Xuan Ha |
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