On 18/03/2019, the Ministry of Finance issued Circular No. 16/2019/TT-BTC guiding the management and use of extracted funds to implement the priority regime for cadres, civil servants and employees of the State Audit. The Circular takes effect from 10/05/2019.
Accordingly, the State Auditor uses the extracted funds to cover the following contents:
Expenses for encouraging and rewarding officials, public servants, employees and laborers of the State Audit (in addition to the annual reward and reward amounts prescribed by the Law on Emulation and Commendation) shall not exceed 0.8 times the salary set by the State, including:
– Salary and rank, position;
– Allowances include:
• Position allowance;
• Extra-frame allowance;
• Job-based preferential allowance.
The remaining funding after encouraging and rewarding officials, public servants, employees and laborers of the State Audit is used to invest in facilities and enhance the operation capacity of the industry, including: Expenditure on enhancing the construction of the office of the State Audit; Supplementing training, retraining, training, conferences, seminars to improve professional skills, organizing delegations to study domestic and foreign experiences of auditors…
The new guidance of the Ministry of Finance has limited problems in the process of implementing regulations on the management and use of funds for priority regimes, ensuring legitimate interests for cadres, civil servants and employees of the State Audit.