The treasury system accompanies localities, keeping the public finance rhythm.

In the context of the whole country implementing the two-tier local government model and aiming for high growth, the State Treasury continues to affirm its role as the "treasurer" of the national financial system with a spirit of decisive action, ensuring the smooth flow of budget capital.

No salary delay, disruption to base budget

Since July this year, the country has implemented a two-tier local government model, leading to major adjustments in public financial management. Along with that, ensuring salary and operating expenses for newly merged units is an urgent task, directly related to the interests of tens of thousands of grassroots cadres and civil servants.

With the role of controlling and disbursing budget funds, the State Treasury (KBNN) has promptly issued many official dispatches and documents detailing the process of data conversion, document handover, and unification of new operating mechanisms. These documents have both legal value and technical significance, helping the local financial system avoid disruption when switching to a two-tier model.

From now until the end of the year, the State Treasury will continue to tighten expenditure control, ensuring that budget capital is paid to the right subjects, in the right regime and on time. Photo: TL

According to statistics in mid-August 2025, nationwide, there are still more than 6,700 commune-level administrative units that have not completed opening accounts at the State Treasury, leading to delayed salary payments, affecting officials and civil servants at the grassroots level. Faced with this reality, the Ministry of Finance has given strong direction, the State Treasury immediately issued Official Dispatch No. 12/CD-KBNN requesting regional State Treasury directors to directly coordinate with commune authorities to complete procedures and pay salaries before September 15, 2025.

After less than a month, the results showed that the number of units that had not opened accounts had dropped sharply to 256; the number of units that had not paid salaries had dropped to 372. This achievement affirmed the spirit of quick, timely and decisive action of the entire State Treasury system to clear the bottleneck in the flow of public finance.

At the online conference to disseminate and guide the implementation of tasks related to the financial and budgetary fields when organizing two-level local government for commune level organized by the Ministry of Finance recently, Deputy Director of the State Treasury Nguyen Manh Cuong affirmed that the State Treasury will continue to direct resolutely, not allowing any unit to exist that has not opened an account or paid salaries in the coming time.

In particular, during the recent 80th Anniversary of National Day on September 2, the entire State Treasury system worked throughout the holiday to promptly pay Independence Day gifts, implementing the direction of the Politburo , the Government and the Ministry of Finance. This is a testament to putting the interests of the people first, following the direction of service instead of just simple administrative management.

More than 1.34 quadrillion VND of the budget has been "pumped" into the economy.

Also this year, public investment continues to be considered one of the important growth drivers of the economy. Therefore, enhancing resource mobilization and promoting disbursement is very important. The Government also aims to disburse 100% of capital to achieve growth of 8% or more.

By the end of August 2025, the State Treasury system had controlled and paid over VND 1.34 trillion from the state budget. Of which, the cumulative disbursement of public investment through the State Treasury reached over VND 415,013 billion, equal to 45.2% of the capital plan assigned by the Prime Minister (VND 917,500 billion) and 38.6% if including additional capital from localities (VND 1,075,043 billion). The planned capital for 2025 alone was disbursed VND 388,492.6 billion, reaching nearly 46% of the plan; the capital transferred from the previous year was disbursed VND 26,520.7 billion, reaching 38.5%. These figures show that although many localities still face difficulties in investment procedures and site clearance, the disbursement progress has improved thanks to the strict control of the State Treasury.

In the regular expenditure sector, the disbursement reached about VND930,077 billion, equivalent to 59.6% of the estimate assigned at the beginning of the year (VND1,560,850 billion, excluding advances and transfers). These expenditures focused on the activities of administrative agencies, public service units and social security programs.

With over VND 1.34 trillion of budget disbursed in the past 8 months, the State Treasury is making an important contribution to maintaining growth, promoting public investment and ensuring social security. From now until the end of the year, the State Treasury aims to continue tightening expenditure control, ensuring that budget capital is paid to the right subjects, in the right regime and on time. At the same time, the State Treasury also requires reviewing and recovering overdue advances for basic construction investment, in order to improve the efficiency of capital use. This is a key solution to promote economic growth and maintain macroeconomic stability during the peak period at the end of the year.

Source: https://daibieunhandan.vn/he-thong-kho-bac-dong-hanh-voi-dia-phuong-giu-nhip-tai-chinh-cong-10387468.html