The State Budget that shall be disclosed and overseen by the public is one of the significant contents under the Law on the State budget No. 83/2015/QH13 approved on June 25, 2015 by the National Assembly.
Specifically, data of an explanatory reports on Councils, estimates already decided by competent authorities, information on state budget implementation and final accounts; results of implementation of recommendations of the State Audit Office of Vietnam shall be disclosed at meetings, posting up at working offices of agencies, organizations and units; issuance of publications; issuance of written notices to related agencies,
organizations, units and individuals; publishing on websites; and reporting in the mass media;
For public oversight of the state budget, the state budget shall be overseen by the public. Vietnam Fatherland Front Committees of various levels shall take charge of organizing public oversight of the state budget. Public oversight of the state budget covers: observance of regulations on management and use of the state budget; Implementation of annual state budget estimates; Disclosure of the state budget according to the Law.
This Law takes effect on January 01, 2017.
Source: luatvietnam.vn
