Circular No. 70/TTLB guides the financial management regime for Project 3844 (PAM) funded by the World Food Programme, amending certain points in Circular No. 25/TTLB. The Circular stipulates procedures for confirming and settling aid goods, organizing public bidding to sell wheat flour, managing training expenses, and project inspection work.
Scope of application
Central Management Board of the Project (Central Management Board), International Aid Management and Reception Board under the Ministry of Finance, State Planning Commission, localities, units implementing the PAM Project.
Key points
- The Central Management Board shall go to the International Aid Management and Reception Board to confirm aid goods, settle payments through the State Budget at the buying rate published by the Foreign Trade Bank (Article 1).
- Wheat flour will be sold through public bidding and auction. The price difference between wheat flour and rice will be adjusted and distributed to localities (Article 2).
- Training costs, conference costs, and project inspection and evaluation costs shall be managed according to current regulations of the Ministry of Finance, taking into account the characteristics of aid management. Excess costs must be reported to the relevant ministries for decision (Article 3).
- All levels of Project Management Boards may establish dedicated accounting departments to record and reflect income and expenditure situations, and to prepare final settlement reports and project closure reports as stipulated in Circular No. 22 TC/vt (Article 4).
- Other provisions of the Joint Circular No. 25/TTLB remain effective. Any difficulties encountered during implementation must be promptly reflected to the relevant ministries for resolution (Article 4).
🌐 Social impact of this document
- Positive impact: Clear regulations on payment procedures and public bidding for selling wheat flour enhance the efficiency of aid utilization.
- Negative impact: Organizing public bidding may incur time and cost expenses for localities.
❓ Frequently asked questions
What should the Central Management Board do when receiving aid goods?
The Central Management Board shall confirm aid goods, complete the receipt procedures, and settle payments through the State Budget at the buying rate published by the Foreign Trade Bank (Article 1).
How is wheat flour sold?
The Central Management Board organizes public bidding and auction. The price difference between wheat flour and rice will be adjusted and distributed to localities (Article 2).
What are the regulations regarding training costs and conference costs?
Training costs, conference costs, and project inspection and evaluation costs shall be managed according to current regulations of the Ministry of Finance. Excess costs must be reported to the relevant ministries for decision (Article 3).
What rights do all levels of Project Management Boards have?
All levels of Project Management Boards may establish dedicated accounting departments to record and reflect income and expenditure situations, and to prepare final settlement reports and project closure reports as stipulated in Circular No. 22 TC/vt (Article 4).
Are other provisions of Joint Circular No. 25/TTLB still in effect?
Other provisions of Joint Circular No. 25/TTLB remain effective. Any difficulties encountered during implementation must be promptly reflected to the relevant ministries for resolution (Article 4).
Full text
| MINISTRY OF FINANCE-MINISTRY OF HEALTH | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| Number: 70/TTLB | Hanoi, September 28, 1995 |
CIRCULAR
LCircular No. 70/TTLB dated September 28, 1995 Amending and supplementing certain points in Circular No. 25/TTLB dated November 21, 1991 of the Ministry of Finance - Ministry of Health guiding the financial management regime for Project 3844 (PAM) funded by the World Food Programme
Pursuant to Document No. 7231/QHQT dated December 26, 1994 of the Prime Minister approving the Ministry of Health's signing with PAM on the action plan to implement Project 3844/I (expansion), Document No. 7388/QHQT dated December 31, 1994 of the Government Office regarding the establishment of the Project PAM 3844/I Steering Committee and the mechanism for selling wheat flour, and the agreed action plan between the Socialist Republic of Vietnam and the World Food Programme on "support for primary health care programs," the Ministry of Finance - Ministry of Health guides the financial management regime for Project 3844 (PAM) funded by the World Food Programme; at the same time amends and supplements certain points in Circular No. 25/TTLB to be consistent with current circumstances as follows:
1/ Amend and supplement Point 1, Section I, Part B:
When receiving notice of goods arrival, the Central Management Board of the Project (CMBP) shall go to the International Aid Reception and Management Board under the Ministry of Finance to complete procedures confirming that the goods are aid, to receive the goods, and to make payments through the State Budget. The Ministry of Finance will make payments through the State Budget for the value of foreign currency goods converted into Vietnamese dong according to the buying rate published by the Foreign Trade Bank at the time of confirmation (as stipulated in Circular No. 22 TC/VT dated March 20, 1995 of the Ministry of Finance). For wheat flour goods, the Ministry of Finance will make payments through the State Budget based on the actual bidding price of each shipment (as stipulated in Point 2, Section I, Part B below).
2/ Amend Point 2, Section I, Part B:
For wheat flour goods: The CMBP shall organize sales through public bidding and auction. The difference in price between wheat flour and rice. The CMBP and the Project Steering Committee shall develop a plan to regulate and distribute to localities to supplement the project after the participation of the Ministry of Finance (International Aid Reception and Management Board) and the National Planning Commission.
3/ Amend and supplement Point 3-b, Section II, Part B:
Training costs, conference costs, and inspection and evaluation project costs shall be managed according to the current regulations of the Ministry of Finance, taking into account the characteristics of aid management and the commitments made with the PAM organization. In specific cases where expenditures exceed the prescribed limits, reports must be submitted to the joint ministries for decision.
At all levels, the Project Management Boards may establish dedicated accounting units to record and reflect the income and expenditure situation of the project in a timely and comprehensive manner, and to prepare final accounts and project completion reports in accordance with Circular No. 22 TC/VT dated March 20, 1995 of the Ministry of Finance.
These provisions in this circular take effect from the date of issuance. Points in Joint Circular No. 25/TTLB dated November 21, 1991 that have not been amended or supplemented in this circular remain effective. During implementation, if there are any difficulties, units and localities must promptly report them to the joint ministries for study and resolution.
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MINISTRY OF HEALTH SIGNATURE OF THE MINISTER DEPUTY MINISTER (Signed) Le Ngoc Trong |
MINISTRY OF FINANCE SIGNATURE OF THE MINISTER DEPUTY MINISTER (Signed) Pham Van Trong |
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