Resolution No. 974/2020/UBTVQH14 Amending and supplementing certain articles of Resolution No. 343/2017/UBTVQH14 dated January 19, 2017 of the Standing Committee of the National Assembly on the establishment, examination, and approval of the five-year national financial plan, the five-year mid-term public investment plan, the three-year national state budget financial plan, the annual state budget estimate, the central budget allocation plan, and the approval of the annual state budget settlement.

RESOLUTION

Amending and supplementing some articles of Resolution No. 343/2017/UBTVQH14 dated January 19, 2017 of the Standing Committee of the National Assembly on the establishment, examination, decision-making on the five-year national financial plan, the five-year mid-term public investment plan, the three-year national state budget financial plan, the state budget estimate, the central budget allocation plan, and the approval of the annual state budget settlement. State annually

 THE STANDING COMMITTEE OF THE NATIONAL ASSEMBLY

On the basis of the Constitution of the Socialist Republic of Vietnam;

Pursuant to the Law on the Organization of the National Assembly No. 57/2014/QH13;

Based on the Law on Legislative Regulatory Acts No. 80/2015/QH13;

Pursuant to the State Budget Law No. 83/2015/QH13;

Pursuant to the State Audit Law No. 81/2015/QH13 amended and supplemented by some articles according to the State Audit Law No. 55/2019/QH14;

Pursuant to the Accounting Law No. 88/2015/QH13;

Pursuant to the Public Debt Management Law No. 20/2017/QH14;

Pursuant to the Public Investment Law No. 39/2019/QH14;

After considering the Report No. 175/TTr-CP dated April 28, 2020 of the Government and the Examination Report No. 1977/BC-UBTCNS14 dated May 15, 2020 of the Finance and Budget Committee of the National Assembly.

RESOLUTION:

Article 1. Amending and supplementing some articles of Resolution No. 343/2017/UBTVQH14 dated January 19, 2017 of the Standing Committee of the National Assembly on the establishment, examination, decision-making on the five-year national financial plan, the five-year mid-term public investment plan, the three-year national state budget financial plan, the state budget estimate, the central budget allocation plan, and the approval of the annual state budget settlement (hereinafter referred to as Resolution No. 343/2017/UBTVQH14).

1. Amend and supplement Article 5 as follows:

"Article 5. Establishing the five-year mid-term national public investment plan financed by the state budget

1. Basis for establishing the plan as stipulated in Clause 1 of Article 47 of the Public Investment Law.

2. Content of the plan as stipulated in Article 49 of the Public Investment Law.

(Attached are four forms, from Form No. 05 to No. 08 issued together with this Resolution).

3. Before September 20 of the fifth year of the term of the National Assembly, the Government shall submit the draft plan for the subsequent period to the Standing Committee of the National Assembly for comments to be finalized and submitted to the National Assembly for comments at its final session that year.

4. Based on the comments of the previous National Assembly, the Government shall finalize the plan and send it to the new members of the National Assembly not later than 20 days before the opening of the first session of the new National Assembly term."

2. Amending and supplementing Clause 1 of Article 11 as follows:

"1. The Government shall establish principles, criteria, and standards for allocating the state budget (including development investment capital from the state budget and regular expenditure) to Ministries, agencies equivalent to ministries, government agencies, other central agencies, provinces, and centrally-administered cities; submit to the Standing Committee of the National Assembly before June 30 of the fourth year of the mid-term public investment plan and the five-year national financial plan of the previous phase."

3. Amending and supplementing some points of Clause 1 of Article 19 as follows:

a) Amending and supplementing Point a and Point b as follows:

"a) The five-year national financial plan for the subsequent phase (at the final session of the year of the fifth year of the term of the National Assembly), together with Forms No. 01 to No. 04 issued together with Resolution No. 343/2017/UBTVQH14; the draft Resolution of the National Assembly on this plan, together with the content according to Forms No. 03 and No. 04 issued together with Resolution No. 343/2017/UBTVQH14;

b) The five-year mid-term national public investment plan financed by the state budget for the subsequent phase (at the final session of the year of the fifth year of the term of the National Assembly and the first session of the new National Assembly term), together with Forms No. 05 to No. 08 issued together with this Resolution; the draft Resolution of the National Assembly on this plan, together with the content according to Forms No. 05, No. 06 and major national projects, national target programs according to Forms No. 07, No. 08 issued together with this Resolution;"

b) Amend and supplement Point d as follows:

"d) The report on the settlement of the state budget, together with Forms No. 58 to No. 69 and Forms No. 71, 74, 75 issued together with Resolution No. 343/2017/UBTVQH14 and this Resolution; the draft Resolution of the National Assembly on the settlement of the state budget, together with the content according to Forms No. 58, No. 59, from No. 61 to No. 67, No. 69, No. 71, No. 74 issued together with Resolution No. 343/2017/UBTVQH14 and this Resolution".

4. Amending Point b of Clause 1 of Article 20 as follows:

"b) The five-year mid-term national public investment plan financed by the state budget as stipulated in Clause 1 and Clause 2 of Article 67 of the Public Investment Law."

5. Amending and supplementing the content and applying the abbreviated unit of currency as billion VND for 51 forms attached to Resolution No. 343/2017/UBTVQH14.

(Details of the amended forms are set out in Appendix I and the consolidated forms are set out in Appendix II attached to this Resolution).

6. Supplementing the phrase "financed by the state budget"after the phrase "five-year mid-term national public investment plan" in relevant points, clauses, and articles of Resolution No. 343/2017/UBTVQH14.

Article 2. Implementation clause

1. This Resolution takes effect from the 2021 fiscal year.

2. The Government, Ministries, agencies equivalent to ministries, government agencies, the Finance and Budget Committee of the National Assembly, the Ethnic Council, other Committees of the National Assembly, and the State Audit Office are responsible for implementing this Resolution.

Article 3. Transitional Provisions

The establishment, examination, approval, and finalization of the state budget for the years 2019 and 2020 shall be carried out in accordance with the provisions of Resolution No. 343/2017/UBTVQH14 and the actual circumstances each year, to be submitted to the Standing Committee of the National Assembly and the National Assembly for consideration and decision; specifically, the report on the finalization of expenditures for development investment from the state budget does not need to be detailed by sector or field.