UNDP supports budget supervision
The United Nations Development Programme (UNDP) will work with the National Assembly’s Committee for Finance and Budget Affairs to improve the people-elected bodies’ budget supervisory capacity.
A seminar to kick-start a project on the work took place in Hanoi on April 15.
With the funding of US$2.556 million, the project will see the participation of the National Assembly’s Ethnic Council and 30 provincial people’s councils in the 2013-2015 period.
Data and analysis on budgetary affairs, especially their effects on people, are expected to be provided for NA deputies and the NA Committee for Finance and Budget Affairs to help them perform well their decision making and budget oversight.
Meanwhile, the municipal and provincial people’s councils will be equipped with skills to make right decisions for their local sustainable development.
At the seminar, UNDP Country Director Louise Chamberlain said in the current public financial reform, priority should be given to raising the capacity of the NA and people’s councils in monitoring budget to ensure transparency and accountability.