| THE NATIONAL ASSEMBLY ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------- |
| No. 01/2002/QH11 | Hanoi, December 16, 2002 |
STATE BUDGET LAW
In order to exercise the unified management of the national finance, to increase the initiative and responsibility of agencies, organizations and individuals in managing and using the State budget, to enhance the financial discipline, to economically and efficiently use the State budget and property, to increase accumulation for national industrialization and modernization along the socialist orientation, to meet the requirements of socio-economic development, to raise the living standard of the people, and to ensure national defense, security and external relations;
Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented under Resolution No.51/2001/QH10 of December 25, 2001 of the Xth National Assembly, the 10th session;
This Law prescribes the estimation, implementation, examination, inspection, auditing and settlement of the State budget, and the tasks as well as powers of the State agencies at various levels in the field of State budget.
Chapter I
GENERAL PROVISIONS
Article 1.- The State budget comprises all revenues and expenditures of the State, which have been decided by the competent State agencies and implemented within one year in order to ensure the performance of the functions and tasks of the State.
Article 2.-
1. The State budget revenues include revenues from taxes, charges and fees; revenues from economic activities of the State; contributions by organizations and individuals; aids and other revenues as provided for by law.
2. The State budget expenditures include spendings on socio-economic development, on ensuring national defense, security and operations of the State apparatus; on aids and other spendings as stipulated by law.
