Circular No. 16/1998/TT-BTC amending and supplementing Circular No. 98/1997/TT-BTC dated December 31, 1997 of the Ministry of Finance on guiding the financial handling of public service units within State-owned Corporations.

Circular No. 16/1998/TT-BTC amends and supplements Circular No. 98/1997/TT-BTC on guiding the financial handling of public service units within State-owned Corporations. The core point is to reduce public expenditure from the State budget not exceeding 45% compared to 1997, with the remaining 55% for assigned tasks.

文号16/1998/TT-BTC
文件类型Circular
发布机关Ministry of Finance
签署人Phạm Văn Trọng — Thứ trưởng
更新01/07/2026
行业Finance
领域Uncategorized
发布日期06/02/1998
生效日期21/02/1998
失效日期
状态In effect
✦ 智能摘要

Circular No. 16/1998/TT-BTC amends and supplements Circular No. 98/1997/TT-BTC on guiding the financial handling of public service units within State-owned Corporations. The core point is to reduce public expenditure from the State budget not exceeding 45% compared to 1997, with the remaining 55% for assigned tasks.

适用范围

Public service units within State-owned Corporations

要点

  • Public service units within State-owned Corporations → not more than 45% of expenditure from the State budget compared to 1997 (applicable to training and healthcare units)
  • The remaining funds of 55% are to be used to fulfill assigned tasks → prepare the budget and submit it to the Ministry of Finance by January 1998
  • Other contents in Circular No. 98/1997/TT-BTC remain in effect

🌐 本文件的社会影响

  • Positive impact: Helps save the budget, concentrate resources for important tasks.
  • Negative impact: May cause difficulties in carrying out activities of public service units if they do not have sufficient funding.

❓ 常见问题

Public service units within State-owned Corporations can spend what percentage from the State budget?

Not more than 45% compared to the spending level in 1997 (applicable to training and healthcare units).

How is the remaining budget after reduction used?

The remaining 55% of funds are to be used to fulfill assigned tasks, State-owned Corporations must prepare the budget and submit it to the Ministry of Finance by January 1998.

When is the deadline for submitting the budget?

State-owned Corporations must prepare the budget and submit it to the Ministry of Finance (State Capital Management and Asset Administration General Department at enterprises) by January 1998.

Who will handle any issues encountered?

Propose to reflect to the Ministry of Finance for timely research and amendment supplementation.

How does this Circular apply to public service units within State-owned Corporations?

Other contents in Circular No. 98/1997/TT-BTC remain in effect.

全文

MINISTRY OF FINANCE

SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

Number: 16/1998/TT-BTC

Hanoi, February 6, 1998

CIRCULAR

OF THE MINISTRY OF FINANCE NUMBER 16/1998/TT-BTC DATE FEBRUARY 6, 1998

AMENDING AND COMPLEMENTING CIRCULAR NO. 98/1997/TT-BTC DATED DECEMBER 31, 1997

OF THE MINISTRY OF FINANCE ON GUIDELINES FOR FINANCIAL MANAGEMENT OF

ENTERPRISE UNITS WITHIN STATE OWNED ENTERPRISES

The Ministry of Finance has issued Circular No. 98/1997/TT-BTC dated December 31, 1997 on guidelines for financial management of enterprise units within state-owned enterprises to be implemented from January 1, 1998. To align with Decision No. 1179/1997/QD-TTg dated December 30, 1997 of the Prime Minister regarding certain policies and measures for managing the plan for economic and social development and the State budget for 1998, the Ministry of Finance amends and supplements some points as follows:

1. Point 1, Section II of Circular No. 98/1997/TT-BTC is amended as follows:

"The total expenditure for public services from the State budget in state-owned enterprises shall not exceed 45% compared to the expenditure level in 1997 (applicable to training institutions and healthcare institutions)."

2. The remaining funds (55%) will be allocated to fulfill assigned tasks. State-owned enterprises shall prepare budgets to submit to the Ministry of Finance (State Capital Management General Department at Enterprises) in January 1998 to allocate to the upper-level contributions of member units and to notify in the financial plan for 1998 of the state-owned enterprise.

Other provisions set forth in Circular No. 98/1997/TT-BTC remain in effect. Any issues encountered during implementation should be reported to the Ministry of Finance for timely review and amendment.

 

KT/BỘ TRƯỞNG BỘ TÀI CHÍNH 

DEPUTY SECRETARY GENERAL

 

(Signed)

 

Pham Van Trong

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关系图

16/1998/TT-BTC
Circular No. 16/1998/TT-BTC amending and supplementing Circular No. 98/1997/TT-BTC dated December 31, 1997 of the Ministry of Finance on guiding the financial handling of public service units within State-owned Corporations.
In effect

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