Allocating and using capital to implement programs, tasks and projects

The Government issued Decree 149/2025/ND-CP detailing a number of amendments to the State Budget Law in Article 4 of Law No. 56/2024/QH15, which stipulates the allocation and use of reserve funds, sources of increased revenue, and annual state budget savings for programs, tasks, and projects.

Specifically, the principles of allocating and using reserve funds, increased revenue sources, and annual state budget savings for programs, tasks, and projects are in accordance with the authority, objectives, scope, objects, and priority order as prescribed in Articles 10 and 59 of the State Budget Law.

Prioritize concentrated, synchronous, quality, economical, effective capital allocation and ensure the ability to balance resources, publicity, transparency, and avoid loss and waste.

Localities receiving capital support from higher-level budgets must balance and arrange sufficient capital from their own budgets and other legal financial sources to complete programs, tasks, and projects on schedule and according to investment goals approved by competent authorities.

Regarding the allocation and use of capital to implement programs, tasks and projects, for the annual state budget reserve source: Pursuant to the provisions of Article 10 of the State Budget Law; on the basis of proposals for additional capital support from the state budget reserve source of agencies, units and localities to implement programs, tasks and projects; the Ministry of Finance synthesizes and submits to the Prime Minister (for the central budget), local financial agencies synthesize and submit to the People's Committee (for the local budget) to decide on the use of their budget reserve source to allocate capital to agencies, units and localities according to the total level or details of each program, task and project.

Regarding sources of increased revenue and annual state budget savings: Based on the ability to balance sources of increased revenue and annual state budget savings for spending needs and tasks according to regulations and proposals for additional capital support from sources of increased revenue and budget savings of agencies, units and localities to implement programs, tasks and projects; the Ministry of Finance synthesizes and arranges capital to implement programs, tasks and projects in the plan to use increased revenue and expenditure savings of the central budget, submits to the Government to report to the National Assembly Standing Committee for decision and reports to the National Assembly at the nearest session.

Local financial agencies synthesize and arrange capital to implement programs, tasks, and projects in the plan to use increased revenue and saved expenditures of the local budget, submit it to the People's Committee to report to the Standing Committee of the People's Council for decision and report to the People's Council of the same level at the nearest session.

Based on the decision of the National Assembly Standing Committee and the People's Council Standing Committee on the plan to use increased revenue and save budget expenditure, the Prime Minister (for the central budget) and the People's Committee (for the local budget) decide to allocate capital to agencies, units and lower-level localities according to the total or detailed level of each program, task and project.

The order and procedures for investment, investment policy decisions, investment decisions and organization of implementation of programs, tasks and projects shall comply with the provisions of the law on public investment and other relevant laws.

(According to Vietnam+)

Source: https://baoyenbai.com.vn/12/351650/Phan-bo-su-dung-von-thuc-hien-chuong-trinh-nhiem-vu-du-an.aspx