Improving the effectiveness of state budget expenditure management in Hoa Binh Province of Vietnam
Nguyen, Xuan Hai (2018)
2018
Hallintotieteiden tutkinto-ohjelma - Degree Programme in Administrative Studies
Johtamiskorkeakoulu - Faculty of Management
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Hyväksymispäivämäärä
2018-05-03
Julkaisun pysyvä osoite on
http://urn.fi/URN:NBN:fi:uta-201805111651
http://urn.fi/URN:NBN:fi:uta-201805111651
Tiivistelmä
The effective management of state budget expenditure (SBEM) has made significant contributions to development of social-economical aspects of Vietnam over the past years. It has contributed to increase the production as well as the consumption in different economic sectors, exploiting the potential competence of the cities and provinces, boosting production and service, providing jobs, ensuring justice in social security, and, maintaining political and social stability throughout the countries.
First issued in 1996 and amended in 2002, the Law on State Budget provides a quite comprehensive legal framework for budgeting and management of public expenditure. Especially, it has contributed to the significant improvements in the budget-related decision-making process as well as the supervisory effectiveness of elected bodies. The law has provided the National Assembly with more authority over the management of state budget. In more specific, National Assembly is now highly involved in the task of estimating budget as well as budget allocation to the provinces and provincial-level cities. In addition, the provincial People’s Council has been given the authority to determine the allocation of revenues and expenditure to each government level within the province, and to district and commune-level governments.
Interestingly, this research is conducted at the same time as Hoa Binh Province is assessing the effectiveness of budget expenditure management and its role in the public sector. Hence, this master’s thesis aims to provide Hoa Binh Province with solutions based on systematic research and analysis, which, to improve the effectiveness of the province’s budget expenditure management. The research has been both secondary (the use of secondary academic sources) and primary (interviewing both the personnel of budget expenditure management and relevant financial experts through survey questionnaires).
The main findings of the thesis show that there is a need to improve the effectiveness of budget expenditure management of Hoa Binh Province. One of the conclusions suggests that effective management of socio-economic development is an indispensable activity to improve the transparency and accountability of effective budget expenditure management.
First issued in 1996 and amended in 2002, the Law on State Budget provides a quite comprehensive legal framework for budgeting and management of public expenditure. Especially, it has contributed to the significant improvements in the budget-related decision-making process as well as the supervisory effectiveness of elected bodies. The law has provided the National Assembly with more authority over the management of state budget. In more specific, National Assembly is now highly involved in the task of estimating budget as well as budget allocation to the provinces and provincial-level cities. In addition, the provincial People’s Council has been given the authority to determine the allocation of revenues and expenditure to each government level within the province, and to district and commune-level governments.
Interestingly, this research is conducted at the same time as Hoa Binh Province is assessing the effectiveness of budget expenditure management and its role in the public sector. Hence, this master’s thesis aims to provide Hoa Binh Province with solutions based on systematic research and analysis, which, to improve the effectiveness of the province’s budget expenditure management. The research has been both secondary (the use of secondary academic sources) and primary (interviewing both the personnel of budget expenditure management and relevant financial experts through survey questionnaires).
The main findings of the thesis show that there is a need to improve the effectiveness of budget expenditure management of Hoa Binh Province. One of the conclusions suggests that effective management of socio-economic development is an indispensable activity to improve the transparency and accountability of effective budget expenditure management.