Circular No. 56 TC/NSNN of 1989 of the Ministry of Finance supplements and guides the State Budget Catalogue to be consistent with the new system of budget management decentralization. This circular supplements new revenue and expenditure items and decentralizes some expenditure items to localities.
Scope of application
Ministries and localities shall record, reflect, monitor, and enhance the management of state budget revenues and expenditures.
Key points
- Ministries and localities are supplemented with the item 'School Fees Revenue', 'Library Fees Revenue', and 'Revenue from the Sale of Crude Oil by Joint Ventures with Foreign Countries'.
- Ministries and localities are supplemented with the item 'Purchase of Foreign Currency for the Centralized Foreign Exchange Fund of the State', 'Settlement of Non-trade Foreign Exchange Transactions', and 'Labor Resettlement Expenditure'.
- Some new expenditure items are decentralized to the local state budget: land survey and management, survey, design, planning, resettlement, relocation of people to new economic zones, regular hardship allowances for central and local cadres, and allowances for National Assembly deputies.
- Financial authorities at all levels shall cooperate with the State Bank at the same level to implement accounting and settlement of state budget revenues and expenditures according to the new regulations.
🌐 Social impact of this document
- Positive impact: Creating favorable conditions for ministries and localities to manage state budget revenues and expenditures more effectively.
- Negative impact: It may increase the workload for financial authorities and banks during the implementation of the new regulations.
❓ Frequently asked questions
What new revenue and expenditure items are supplemented for ministries and localities?
Ministries and localities are supplemented with the items 'School Fees Revenue', 'Library Fees Revenue', and 'Revenue from the Sale of Crude Oil by Joint Ventures with Foreign Countries'. At the same time, they are also supplemented with the items 'Purchase of Foreign Currency for the Centralized Foreign Exchange Fund of the State', 'Settlement of Non-trade Foreign Exchange Transactions', and 'Labor Resettlement Expenditure'.
What new expenditure items are decentralized to the local state budget?
New expenditure items decentralized to the local state budget include: expenditure on land survey and management, survey, design, and planning of local areas, resettlement, relocation of people to new economic zones, regular hardship allowances for central and local cadres, and allowances for National Assembly deputies.
When does this circular take effect?
This circular takes effect from January 1, 1990.
At what level do financial authorities cooperate in the accounting and settlement of state budget revenues and expenditures?
Financial authorities at all levels shall cooperate with the State Bank at the same level to implement accounting and settlement of state budget revenues and expenditures according to the new regulations.
What regulations must ministries and localities comply with when recording, reflecting, monitoring, and managing state budget revenues and expenditures?
Ministries and localities must comply with the supplementary provisions of Circular No. 56 TC/NSNN of 1989 of the Ministry of Finance to record, reflect, monitor, and manage state budget revenues and expenditures effectively.
Full text
CIRCULAR
Supplementing and guiding the budget outline of the State
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Pursuant to Resolution No. 186-HĐBT dated November 27, 1989 of the Council of Ministers on decentralizing budget management for localities and Circular No. TC/NSNN dated December 12, 1989 of the Ministry of Finance guiding the implementation of the aforementioned Resolution of the Council of Ministers; to create conditions for sectors and localities to record, reflect, monitor, and strengthen management of budget revenues and expenditures in accordance with the new decentralized budget management system; the Ministry of Finance supplements and guides the implementation of the State budget outline as follows:
I. REVENUE PART
Supplementing:
- Item 12 "School Fees Revenue" to record revenue from school fees collected from students in general education schools, literacy schools, youth training centers under local management, and kindergartens.
- Item 13 "Library Fees Revenue" to record revenue from library fees collected from patients visiting hospitals and health stations.
- Item 36 "Revenue from Crude Oil Sales by Joint Ventures with Foreign Countries" to record revenue from the sale of crude oil by joint ventures with foreign countries into the State budget.
II. EXPENSES PART
1/ Supplementing:
- Item 87 "Purchase of Foreign Currency for the Centralized Foreign Exchange Fund of the State" to record expenses of the State budget for purchasing various types of foreign currency for the centralized foreign exchange fund of the State.
- Item 88 "Settlement of Non-Trade Foreign Exchange Transactions" to record expenses of the State budget for settling non-trade foreign exchange transactions with foreign organizations in Vietnam.
- Item 89 "Labor Adjustment Expenses" to record expenses of the State budget for adjusting excess labor.
2/ Some newly decentralized expense items for local budgets are recorded as follows:
- Land survey and management expenses: recorded under type 03, item 04, sub-item 9 according to corresponding chapters and sections.
- Local survey, design, and planning expenses: recorded under type 02, item 03 according to corresponding chapters and sections.
- Resettlement expenses: recorded under type 03, item 04, sub-item 4 according to corresponding chapters and sections.
- Expenses for relocating people to new economic zones: recorded under type 03, item 04, sub-item 3 according to corresponding chapters and sections.
- Regular hardship allowances for central and local cadres:
+ For cadres and employees under local management: recorded under the corresponding chapter, type 13, item 02, sub-item 1, section 70.
+ For cadres and employees under central management: recorded under chapter 99, type 13, item 02, sub-item 1, section 70.
- Allowances for National Assembly deputies (monthly allowances, travel expenses for meetings, working expenses...): recorded under chapter 01, type 15, item 00, sub-item 1 according to corresponding sections.
This Circular takes effect from January 1, 1990. Financial authorities at all levels shall coordinate with the corresponding State Bank authorities and related agencies to implement accounting and settlement of State budget revenues and expenditures in accordance with the above supplementary provisions and guidelines./.
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