31st Sea Games - Vietnam 2021 Covid-19 Pandemic
May 17, 2021 / 15:28

Finance ministry urges transparency in budget allocation for Covid-19 fight

Local authorities are urged to ensure the quality, price, and use of state assets in a transparent and public manner.

Provinces/cities are urged to stay active in allocating their provincial budget and other legal financial means to aid the Covid-19 fight, ensuring efficiency and transparency during the process.

 Covid-19 testing in Hanoi. Photo: Thanh Hai

The Ministry of Finance (MoF) released the instruction on funding and public procurement of goods and services, including equipment, chemicals, and biological products needed for Covid-19 prevention and control.

The MoF also noted the central government would provide support for localities if needed.

“Leaders of provinces/cities are responsible for the process of public procurement of equipment, chemicals, and biological products in accordance with the Procurement Law and other regulations,” noted the ministry.

“In case of an urgent situation, provinces/cities are authorized to directly purchase goods and products,” it added.

Regarding the use of state funds for public procurement works to maintain operations of state agencies, the MoF requested price listings from at least three suppliers to calculate the contract price.

Before proceeding with subsequent steps, competent authorities are expected to review and approve the estimated costs, as well as carrying out the appraisal process to goods and products valuation in line with the Law on Prices.

The MoF urged local authorities to ensure the quality, price, and use of government funds in a transparent and public manner, saying this is key to prevent waste and losses of public money.

“The priority is to keep an adequate supply of medical products and equipment necessary for the Covid-19 fight under the instruction of the government,” noted the MoF.