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National Assembly seeks transparency on budget spending

Update: June, 03/2015 - 09:17
Deputy Than Duc Nam of Da Nang said the draft Law on State Budget should be supplemented with clarifications on decentralisation, budget allocation and the relationship between central and local budgets. Under the law, the People's Councils will have the power to decide local budget allocations. — File Photo

HA NOI (VNS) — Lawmakers yesterday said that the draft Law on the State Budget needs to be amended comprehensively towards ensuring greater spending discipline and transparency.

They also proposed that the National Assembly revises some regulations in the draft law that failed to match other draft laws that await the parliament's approval, including the Law on NA Organisation, Law on Government Organisation, Law on State Auditing and Law on Public Investment.

Deputy Than Duc Nam of Da Nang said the draft Law on State Budget should be supplemented with clarifications on decentralisation, budget allocation and the relationship between central and local budgets. Under the law, the People's Councils will have the power to decide local budget allocations.

A majority of deputies agreed on the need for stricter State Budget controls to avoid overlapping management. The NA should receive reports on collections and expenditures of all kinds of funds, they said.

Deputy Do Thi Hoang of Quang Ninh Province noted that her province had at least 18 funds. She felt that the NA should check the establishment of such funds and inspect their balance sheets to ensure transparency.

The NA Standing Committee said it had asked the Government to renew its policy on managing funds that are not financed by the State Budget.

Under the draft law, management agencies will report their plans and balance sheets and spending for authorised agencies. The Ministry of Finance will then classify these and submit to the Government.

Many lawmakers spoke of the need to make budget collections transparent.

In the afternoon, deputies also discussed the Law on Criminal Investigations and the draft Law on Temporary Custody and Detention. — VNS

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