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PM assigns State budget estimate for 2018

VGP – PM Nguyen Xuan Phuc has assigned State budget estimate for 2018 for ministries, ministerial-level agencies, Government agencies, the Electricity of Viet Nam, and the Viet Nam National Tobacco Corporation (Vinataba).

12/08/2017 07:57

Illustration photo

The PM authorized the Minister of Finance to assign the State budget estimate.

Adjusting public employees’ basic salary 

The basic salary for civil servants and public employees will increase to VND 1.39 million (about US$ 61) from the current VND 1.3 million as from July 1, 2018.

The new basic salary, used for calculating payrolls and allowances, will apply for public officials, public employees working in State agencies and civil service providers of the Party or the Government, State-funded socio-political organizations and the armed forces.

The Prime Minister requires ministries, ministerial-level and Governmental agencies to save spending, streamline their organizations and seek more sources of revenue to pay for the salary raise. 

Provinces and centrally-run cities must arrange funding for the salary raise using local budget, the regulated 10% saving from regular spending, and other sources in line with regulation./.

By Kim Anh