Decision No. 185/2003/QĐ-TTg abolishes the provisions of the Prime Minister regarding the re-allocation and reinvestment from state budget revenues starting from fiscal year 2004.

Pursuant to …;

Repeal the provisions of the Prime Minister regarding the issuance again, reinvestment
from budget revenues of the state treasury starting from fiscal year 2004

PRIME MINISTER 

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to the State Budget Law No. 01/2002/QH11 dated December 16, 2002;

Based on Decree No. 60/2003/NĐ-CP dated June 6, 2003 of the Government detailing and guiding the implementation of the State Budget Law;

At the request of the Ministry of Finance (letters 7538TC/NSNN dated July 22, 2003 and letter 8562TC/NSNN dated August 15, 2003) and the Ministry of Planning and Investment (letter 4940BKH/TH dated August 14, 2003),

DECISION:

Article 1. To align with the provisions of the State Budget Law, starting from fiscal year 2004, repeal all decisions and directives issued by the Prime Minister regarding targeted supplementation from the central budget through forms such as issuance again, reinvestment in full or in part from newly generated revenues within the territory or revenues from state-owned enterprises paid to ministries, central agencies, provinces, centrally-administered cities, and state-owned holding companies.

Article 2. The Ministry of Planning and Investment shall take the lead, coordinate with the Ministry of Finance and relevant agencies to review the list of important projects and works of ministries, central agencies, provinces, centrally-administered cities, and state-owned holding companies that meet the conditions for inclusion in the budget or for targeted support according to the provisions of the State Budget Law No. 01/2002/QH11 dated December 16, 2002 and Decree No. 60/2003/NĐ-CP dated June 6, 2003 of the Government detailing and guiding the implementation of the State Budget Law, prioritizing those projects and works currently being implemented from sources provided through issuance again or reinvestment according to the Prime Minister's decisions and directives, and report to the Government to include them in the annual state budget draft for approval by the National Assembly.

Specifically, land use fee revenue in the state budget draft shall be consolidated by the Ministry of Finance in coordination with the Ministry of Planning and Investment into the total state budget draft to report to the Government for permission to allocate from this revenue source to balance investment infrastructure tasks and create capital for land clearance for development at localities starting from 2004.

Article 3. This Decision shall take effect fifteen days from the date of publication in the Official Gazette.

Assign the Ministry of Planning and Investment to take the lead, coordinate with the Ministry of Finance, the Ministry of Justice, and relevant agencies to review and prepare a specific list of decisions and documents to be repealed under this Decision, and notify relevant ministries, central agencies, localities, and state-owned holding companies before September 25, 2003 to organize its implementation.

Article 4. Ministers of Planning and Investment, Finance, Justice, Chairmen of People's Committees of provinces and centrally-administered cities, state-owned holding companies, and heads of relevant agencies are responsible for implementing this Decision.