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Training in Finance for Implementation of the National Target Program

13/11/2015

On November 6, 2015, at Electricity Hotel, General Department of Energy - Ministry of Industry and Trade organized "Training conference in cost estimation, settlement of full payment and financial compliance audit as specified by the Law on Economical and Efficient Use of Energy".

On November 6, 2015, at Electricity Hotel, General Department of Energy - Ministry of Industry and Trade organized "Training conference in cost estimation, settlement of full payment and financial compliance audit as specified by the Law on Economical and Efficient Use of Energy". Representatives from over 130 units being assigned with the tasks to implement the National Target Program on energy savings and efficiency attended training.

Mr. Cu Huy Quang, an expert from the Department of Science & Technology and Energy Conservation at the workshop

Pursuant to the Decisions on the institutional assignments, annually, the units of 63 provinces and cities across the country, including the Provincial Departments of Industry & Trade, the Industry Promotion Center, the Center for Energy Conservation, are authorized to make the plan, cost estimates, contract with the Ministry of  Industry and Trade (MOIT) for implementation. To implement the assigned tasks effectively, the cost estimation plays an important role.

Through actual deployment of National Target Program in energy savings and efficiency, most of the units have accomplished their tasks fairly well. However, the compliance procedures for cost estimation, full payment settlement remain unfulfilled due to incorrect documentation as a result of misinterpretation of the legal documents. The training course is meant to share and guide the trainees how to comply with the regulations on budget expenditure as prescribed by the Ministry of Finance.

According to Ms. Nguyen Phuong Yen, expert from the Department of Science & Technology and Energy Conservation, the concerned units should adhere to the Decision issued by MOIT, in order to communicate, understand the contents and tasks assigned thereby in applying the Circulars, the current decrees to prepare the cost estimates. During the implementation process, the concerned units must follow the Circular 45/2014/TTLT BCT-BTC on guidance in management and use of State budget funds for Economical and Efficient Use of Energy during 2012-2015.

At the training sessions, the experts from the Accounting Department - Finance, General Department of Energy provided the instructions and procedures for full settlement of contracts. A lot of questions, inquiries raised by the related units were answered and clarified by General Department of Energy.

Trong Tan