Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience
This Policy Note is designed to inform the Government of Vietnam and National Assembly (notably the Committee on Finance and Budgetary Affairs, CFBA) discussions on the revision of the State Budget Law (SBL) (2002) by drawing on good international...
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| Format: | Policy Note |
| Language: | English en_US |
| Published: |
World Bank, Vietnam
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/04/20334144/revising-vietnams-state-budget-law-2002-proposals-drawing-international-experience http://hdl.handle.net/10986/20795 |
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okr-10986-20795 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCELERATED DEPRECIATION ACCOUNTABILITY ACCOUNTING ACCOUNTING PROCEDURES ACCRUAL ACCOUNTING ACCRUALS AMOUNT OF DEBTS ANNUAL BORROWING PLAN APPROPRIATIONS ASSET SALES AUDITING AUDITS AUTONOMY BENEFICIARIES BLOCK GRANTS BOND BOND ISSUANCES BONDS BORROWING BUDGET ALLOCATIONS BUDGET BALANCE BUDGET CYCLE BUDGET DEFICIT BUDGET DEFICITS BUDGET EXECUTION BUDGET IMPLICATIONS BUDGET PROCESS BUDGET REVIEWS BUDGETING CABINET OF MINISTERS CAPITAL ALLOCATIONS CAPITAL BUDGETING CAPITAL BUDGETS CAPITAL EXPENDITURE CAPITAL INVESTMENTS CASH MANAGEMENT CENTRAL AGENCIES CENTRAL AUTHORITIES CENTRAL BANK CENTRAL BUDGET CENTRAL GOVERNMENT CENTRAL MINISTRIES CENTRAL POLICIES CENTRAL SPENDING CITIES CLAIMANTS CONSOLIDATION CONTINGENT LIABILITIES CREDIBILITY DEBT REPAYMENTS DEBT SERVICING DEBTS DECENTRALIZATION DEPOSITORS DEPOSITS DISPOSITION DISTRICT DISTRICTS DIVIDENDS DUE DEBT ECONOMIC DEVELOPMENT EFFICIENT USE EFFICIENT USE OF PUBLIC RESOURCES EXCESS REVENUES EXCHANGE RATE EXPENDITURE EXPENDITURE ASSIGNMENTS EXPENDITURE CEILINGS EXPENDITURE MANAGEMENT EXPENDITURE POLICIES EXPENDITURE POLICY EXPENDITURE PROGRAMS EXPENDITURES FEDERAL AUTHORITIES FEDERAL DEBT FINANCES FINANCIAL ACCOUNTS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SPECIALIST FINANCIAL STATEMENTS FISCAL BALANCE FISCAL DEFICIT FISCAL FRAMEWORK FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICY FISCAL PROJECTIONS FISCAL REPORTING FISCAL STABILITY FISCAL TRANSPARENCY GOVERNMENT ACCOUNTING STANDARDS GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT POLICIES GOVERNMENT REGULATIONS GOVERNMENT REVENUE GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT INFLATION INTEREST RATES INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNAL AUDIT INTERNATIONAL COMMERCE INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL STANDARDS INVESTMENT CAPITAL INVESTMENT DECISIONS INVESTMENT PROJECTS INVESTMENT SPENDING ISSUANCE JUDGMENT JUDICIARY LAWS LEGAL PROVISIONS LEGAL REQUIREMENT LEGISLATION LEVEL OF GOVERNMENT LEVELS OF DEBT LIABILITY LIQUIDITY LOAN LOAN REPAYMENTS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE LONG-TERM DEBT LOTTERY MACROECONOMIC FORECASTS MEDIUM TERM FISCAL FRAMEWORK MEDIUM-TERM APPROACH MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORKS MEDIUM-TERM FISCAL MINISTRY OF FINANCE NATIONAL BUDGET NEGOTIATIONS NET TRANSFERS OIL PRICE OIL PRICES OVERDUE DEBT PEER REVIEW PENSIONS POLICY DECISION POLICY DOCUMENT POLICY OBJECTIVES POLICY OUTCOMES POLICY PRIORITIES PRINCIPAL REPAYMENTS PROVINCE PROVINCE TO PROVINCE PROVINCES PROVINCIAL ADMINISTRATIONS PROVINCIAL BORROWING PROVINCIAL BUDGETS PROVINCIAL COUNCILS PROVINCIAL DEBT PROVINCIAL GOVERNMENT PROVINCIAL GOVERNMENTS PROVINCIAL LEVEL PROVINCIAL LEVELS PUBLIC PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC DOMAIN PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC FUND PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC POLICY PUBLIC SERVICE RECURRENT EXPENDITURE REGULATORY FRAMEWORK RESERVE RESERVE FUNDS RESERVES RETURNS REVENUE ESTIMATES REVENUE PROJECTIONS REVENUE SHARING REVENUE SHORTFALL REVENUE-RAISING MEASURES SALARY SALE OF ASSETS SOLVENCY STATE BUDGET SUB-NATIONAL SUB-NATIONAL DEBT SUB-NATIONAL GOVERNMENTS SUBNATIONAL SUBNATIONAL AUTHORITIES SWAP TAX TAX BASE TAX CREDITS TAX DEFERRALS TAX EXPENDITURE TAX EXPENDITURES TAX LIABILITY TAX RATE TAX RATES TAX SHARING TAX SHARING ARRANGEMENTS TAX TREATMENT TITLE TOTAL EXPENDITURE TOTAL EXPENDITURES TRANSPARENCY TRANSPARENCY CODE TRANSPORT TREASURY |
| spellingShingle |
ACCELERATED DEPRECIATION ACCOUNTABILITY ACCOUNTING ACCOUNTING PROCEDURES ACCRUAL ACCOUNTING ACCRUALS AMOUNT OF DEBTS ANNUAL BORROWING PLAN APPROPRIATIONS ASSET SALES AUDITING AUDITS AUTONOMY BENEFICIARIES BLOCK GRANTS BOND BOND ISSUANCES BONDS BORROWING BUDGET ALLOCATIONS BUDGET BALANCE BUDGET CYCLE BUDGET DEFICIT BUDGET DEFICITS BUDGET EXECUTION BUDGET IMPLICATIONS BUDGET PROCESS BUDGET REVIEWS BUDGETING CABINET OF MINISTERS CAPITAL ALLOCATIONS CAPITAL BUDGETING CAPITAL BUDGETS CAPITAL EXPENDITURE CAPITAL INVESTMENTS CASH MANAGEMENT CENTRAL AGENCIES CENTRAL AUTHORITIES CENTRAL BANK CENTRAL BUDGET CENTRAL GOVERNMENT CENTRAL MINISTRIES CENTRAL POLICIES CENTRAL SPENDING CITIES CLAIMANTS CONSOLIDATION CONTINGENT LIABILITIES CREDIBILITY DEBT REPAYMENTS DEBT SERVICING DEBTS DECENTRALIZATION DEPOSITORS DEPOSITS DISPOSITION DISTRICT DISTRICTS DIVIDENDS DUE DEBT ECONOMIC DEVELOPMENT EFFICIENT USE EFFICIENT USE OF PUBLIC RESOURCES EXCESS REVENUES EXCHANGE RATE EXPENDITURE EXPENDITURE ASSIGNMENTS EXPENDITURE CEILINGS EXPENDITURE MANAGEMENT EXPENDITURE POLICIES EXPENDITURE POLICY EXPENDITURE PROGRAMS EXPENDITURES FEDERAL AUTHORITIES FEDERAL DEBT FINANCES FINANCIAL ACCOUNTS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SPECIALIST FINANCIAL STATEMENTS FISCAL BALANCE FISCAL DEFICIT FISCAL FRAMEWORK FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICY FISCAL PROJECTIONS FISCAL REPORTING FISCAL STABILITY FISCAL TRANSPARENCY GOVERNMENT ACCOUNTING STANDARDS GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT POLICIES GOVERNMENT REGULATIONS GOVERNMENT REVENUE GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT INFLATION INTEREST RATES INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNAL AUDIT INTERNATIONAL COMMERCE INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL STANDARDS INVESTMENT CAPITAL INVESTMENT DECISIONS INVESTMENT PROJECTS INVESTMENT SPENDING ISSUANCE JUDGMENT JUDICIARY LAWS LEGAL PROVISIONS LEGAL REQUIREMENT LEGISLATION LEVEL OF GOVERNMENT LEVELS OF DEBT LIABILITY LIQUIDITY LOAN LOAN REPAYMENTS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE LONG-TERM DEBT LOTTERY MACROECONOMIC FORECASTS MEDIUM TERM FISCAL FRAMEWORK MEDIUM-TERM APPROACH MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORKS MEDIUM-TERM FISCAL MINISTRY OF FINANCE NATIONAL BUDGET NEGOTIATIONS NET TRANSFERS OIL PRICE OIL PRICES OVERDUE DEBT PEER REVIEW PENSIONS POLICY DECISION POLICY DOCUMENT POLICY OBJECTIVES POLICY OUTCOMES POLICY PRIORITIES PRINCIPAL REPAYMENTS PROVINCE PROVINCE TO PROVINCE PROVINCES PROVINCIAL ADMINISTRATIONS PROVINCIAL BORROWING PROVINCIAL BUDGETS PROVINCIAL COUNCILS PROVINCIAL DEBT PROVINCIAL GOVERNMENT PROVINCIAL GOVERNMENTS PROVINCIAL LEVEL PROVINCIAL LEVELS PUBLIC PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC DOMAIN PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC FUND PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC POLICY PUBLIC SERVICE RECURRENT EXPENDITURE REGULATORY FRAMEWORK RESERVE RESERVE FUNDS RESERVES RETURNS REVENUE ESTIMATES REVENUE PROJECTIONS REVENUE SHARING REVENUE SHORTFALL REVENUE-RAISING MEASURES SALARY SALE OF ASSETS SOLVENCY STATE BUDGET SUB-NATIONAL SUB-NATIONAL DEBT SUB-NATIONAL GOVERNMENTS SUBNATIONAL SUBNATIONAL AUTHORITIES SWAP TAX TAX BASE TAX CREDITS TAX DEFERRALS TAX EXPENDITURE TAX EXPENDITURES TAX LIABILITY TAX RATE TAX RATES TAX SHARING TAX SHARING ARRANGEMENTS TAX TREATMENT TITLE TOTAL EXPENDITURE TOTAL EXPENDITURES TRANSPARENCY TRANSPARENCY CODE TRANSPORT TREASURY World Bank Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience |
| geographic_facet |
East Asia and Pacific Vietnam |
| description |
This Policy Note is designed to inform
the Government of Vietnam and National Assembly (notably the
Committee on Finance and Budgetary Affairs, CFBA)
discussions on the revision of the State Budget Law (SBL)
(2002) by drawing on good international practices in budget
management. It is part of the World Bank s ongoing policy
dialogue with and advice to the Government and the National
Assembly on revisions to the SBL (2002). The SBL (2002) has
provided a strong basis for regulating Public Finance
Management (PFM) in Vietnam since 2004, when the Law became
effective. It has helped the government to allocate and
spend public resources in an effective manner, thereby
contributing to delivery of important public service
outcomes. The SBL (2002), however, needs to be revised to
enhance Vietnam s fiscal regulatory framework and
accountability. The Policy Note covers seven broad areas
including: (i) the coverage and layout of the SBL (2002);
(ii) the budget framework for fiscal policy making; (iii)
budget approval processes at the National Assembly and
Provincial People s Councils; (iv) specific budget
classification and definition issues; (v) intergovernmental
fiscal relations; (vi) budget execution, accounting,
reporting and audit; and (vii) extra-budgetary activities.
The issues in the Policy Note were prioritized based on
earlier discussions with representatives from the
Government, National Assembly, and local authorities, and
views expressed at the CFBA and United Nations international
conference on SBL (2002) revision held in Ninh Binh at the
end of September 2013. |
| format |
Economic & Sector Work :: Policy Note |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience |
| title_short |
Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience |
| title_full |
Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience |
| title_fullStr |
Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience |
| title_full_unstemmed |
Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience |
| title_sort |
revising vietnam's state budget law (2002) : proposals drawing on international experience |
| publisher |
World Bank, Vietnam |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/04/20334144/revising-vietnams-state-budget-law-2002-proposals-drawing-international-experience http://hdl.handle.net/10986/20795 |
| _version_ |
1764447081551888384 |
| spelling |
okr-10986-207952021-04-23T14:03:59Z Revising Vietnam's State Budget Law (2002) : Proposals Drawing on International Experience World Bank ACCELERATED DEPRECIATION ACCOUNTABILITY ACCOUNTING ACCOUNTING PROCEDURES ACCRUAL ACCOUNTING ACCRUALS AMOUNT OF DEBTS ANNUAL BORROWING PLAN APPROPRIATIONS ASSET SALES AUDITING AUDITS AUTONOMY BENEFICIARIES BLOCK GRANTS BOND BOND ISSUANCES BONDS BORROWING BUDGET ALLOCATIONS BUDGET BALANCE BUDGET CYCLE BUDGET DEFICIT BUDGET DEFICITS BUDGET EXECUTION BUDGET IMPLICATIONS BUDGET PROCESS BUDGET REVIEWS BUDGETING CABINET OF MINISTERS CAPITAL ALLOCATIONS CAPITAL BUDGETING CAPITAL BUDGETS CAPITAL EXPENDITURE CAPITAL INVESTMENTS CASH MANAGEMENT CENTRAL AGENCIES CENTRAL AUTHORITIES CENTRAL BANK CENTRAL BUDGET CENTRAL GOVERNMENT CENTRAL MINISTRIES CENTRAL POLICIES CENTRAL SPENDING CITIES CLAIMANTS CONSOLIDATION CONTINGENT LIABILITIES CREDIBILITY DEBT REPAYMENTS DEBT SERVICING DEBTS DECENTRALIZATION DEPOSITORS DEPOSITS DISPOSITION DISTRICT DISTRICTS DIVIDENDS DUE DEBT ECONOMIC DEVELOPMENT EFFICIENT USE EFFICIENT USE OF PUBLIC RESOURCES EXCESS REVENUES EXCHANGE RATE EXPENDITURE EXPENDITURE ASSIGNMENTS EXPENDITURE CEILINGS EXPENDITURE MANAGEMENT EXPENDITURE POLICIES EXPENDITURE POLICY EXPENDITURE PROGRAMS EXPENDITURES FEDERAL AUTHORITIES FEDERAL DEBT FINANCES FINANCIAL ACCOUNTS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SPECIALIST FINANCIAL STATEMENTS FISCAL BALANCE FISCAL DEFICIT FISCAL FRAMEWORK FISCAL MANAGEMENT FISCAL PERFORMANCE FISCAL POLICY FISCAL PROJECTIONS FISCAL REPORTING FISCAL STABILITY FISCAL TRANSPARENCY GOVERNMENT ACCOUNTING STANDARDS GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT POLICIES GOVERNMENT REGULATIONS GOVERNMENT REVENUE GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT INFLATION INTEREST RATES INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNAL AUDIT INTERNATIONAL COMMERCE INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL STANDARDS INVESTMENT CAPITAL INVESTMENT DECISIONS INVESTMENT PROJECTS INVESTMENT SPENDING ISSUANCE JUDGMENT JUDICIARY LAWS LEGAL PROVISIONS LEGAL REQUIREMENT LEGISLATION LEVEL OF GOVERNMENT LEVELS OF DEBT LIABILITY LIQUIDITY LOAN LOAN REPAYMENTS LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE LONG-TERM DEBT LOTTERY MACROECONOMIC FORECASTS MEDIUM TERM FISCAL FRAMEWORK MEDIUM-TERM APPROACH MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORKS MEDIUM-TERM FISCAL MINISTRY OF FINANCE NATIONAL BUDGET NEGOTIATIONS NET TRANSFERS OIL PRICE OIL PRICES OVERDUE DEBT PEER REVIEW PENSIONS POLICY DECISION POLICY DOCUMENT POLICY OBJECTIVES POLICY OUTCOMES POLICY PRIORITIES PRINCIPAL REPAYMENTS PROVINCE PROVINCE TO PROVINCE PROVINCES PROVINCIAL ADMINISTRATIONS PROVINCIAL BORROWING PROVINCIAL BUDGETS PROVINCIAL COUNCILS PROVINCIAL DEBT PROVINCIAL GOVERNMENT PROVINCIAL GOVERNMENTS PROVINCIAL LEVEL PROVINCIAL LEVELS PUBLIC PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC DOMAIN PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCES PUBLIC FUND PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC POLICY PUBLIC SERVICE RECURRENT EXPENDITURE REGULATORY FRAMEWORK RESERVE RESERVE FUNDS RESERVES RETURNS REVENUE ESTIMATES REVENUE PROJECTIONS REVENUE SHARING REVENUE SHORTFALL REVENUE-RAISING MEASURES SALARY SALE OF ASSETS SOLVENCY STATE BUDGET SUB-NATIONAL SUB-NATIONAL DEBT SUB-NATIONAL GOVERNMENTS SUBNATIONAL SUBNATIONAL AUTHORITIES SWAP TAX TAX BASE TAX CREDITS TAX DEFERRALS TAX EXPENDITURE TAX EXPENDITURES TAX LIABILITY TAX RATE TAX RATES TAX SHARING TAX SHARING ARRANGEMENTS TAX TREATMENT TITLE TOTAL EXPENDITURE TOTAL EXPENDITURES TRANSPARENCY TRANSPARENCY CODE TRANSPORT TREASURY This Policy Note is designed to inform the Government of Vietnam and National Assembly (notably the Committee on Finance and Budgetary Affairs, CFBA) discussions on the revision of the State Budget Law (SBL) (2002) by drawing on good international practices in budget management. It is part of the World Bank s ongoing policy dialogue with and advice to the Government and the National Assembly on revisions to the SBL (2002). The SBL (2002) has provided a strong basis for regulating Public Finance Management (PFM) in Vietnam since 2004, when the Law became effective. It has helped the government to allocate and spend public resources in an effective manner, thereby contributing to delivery of important public service outcomes. The SBL (2002), however, needs to be revised to enhance Vietnam s fiscal regulatory framework and accountability. The Policy Note covers seven broad areas including: (i) the coverage and layout of the SBL (2002); (ii) the budget framework for fiscal policy making; (iii) budget approval processes at the National Assembly and Provincial People s Councils; (iv) specific budget classification and definition issues; (v) intergovernmental fiscal relations; (vi) budget execution, accounting, reporting and audit; and (vii) extra-budgetary activities. The issues in the Policy Note were prioritized based on earlier discussions with representatives from the Government, National Assembly, and local authorities, and views expressed at the CFBA and United Nations international conference on SBL (2002) revision held in Ninh Binh at the end of September 2013. 2014-12-18T20:13:25Z 2014-12-18T20:13:25Z 2014-04-08 http://documents.worldbank.org/curated/en/2014/04/20334144/revising-vietnams-state-budget-law-2002-proposals-drawing-international-experience http://hdl.handle.net/10986/20795 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Vietnam Economic & Sector Work :: Policy Note East Asia and Pacific Vietnam |