October 15, 2019 06:04

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Inspections detect many violations in local budget management

15:08 | 02/02/2019

VCN- According to the statistics from the Ministry of Finance’s inspectorate, in 2018 the sector deployed 7 local budget inspections.

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inspections detect many violations in local budget management
Illustrative photo

Through inspections, many shortcomings and violations in the budget management and administration have been detected, such as: the taxable value of natural resources for each year has not yet been issued, or adjusted in line with market fluctuations; the taxable value of natural resources as a basis for calculating the fee for granting mineral exploitation rights and collecting natural resources was issued late; the unit price of public service has not been adjusted, while the estimated price of public services has been changed by the Ministry of Construction.

In addition, many units have not yet approved the autonomous plan for public non-business units as stipulated in Decree 16/2015/ND-CP, specifying the autonomy mechanism of public non-business units for approving and permitting investment projects beyond the balance of the local budget, that has in consequence led to prolonged time and inefficiency.

inspections detect many violations in local budget management State Treasury conducted 170 specialized inspections

Through inspection, the Finance sector imposed financial fines of VND 4.2 trillion, of which VND 145.7 billion is contributed to the State budget; collected and refunded VND 62.8 billion to the Land Development Fund; reduced the estimated expenditure and allocated expenditure by nearly VND 9 billion; reduced payment and settlement, and refused paying nearly VND 18.5 billion, as well as imposing other financial amounts of VND 1.6 trillion.

By Hong Van/Ngoc Loan