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Functions, tasks, powers and organizational structure of the Financial and Monetary Department

Date 21/03/2024 - 09:03:00 | 20 views
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Decision No. 829/QD-BKHDT dated May 15th, 2023 by the Minister of Planning and Investment.

Article 1. Position and functions

The Financial and Monetary Department is an affiliated unit of the Ministry of Planning and Investment, representing the Minister to perform the state management functions on planning, investment and development in the fields of finance, currency and national target programs.

 Article 2. Tasks

1. Advising and proposing directions and planning tasks of the financial and monetary sectors associated with socio-economic development directions and tasks in each planning period.

2. Presiding over and coordinating with relevant units to synthesize financial and monetary balances; the State’s credit growth plan for policy banks. Act as a focal point for coordination mechanisms in macroeconomic management and administration in the financial and monetary fields.

3. Advising and proposing guidelines, solutions, mechanisms and policies in the fields of finance - budget, taxes, fees, charges, and national reserves; currency, banking, stock market, insurance, investment credit, and policy credit of the State; comprehensive finance and corporate finance.

4. Acting as a focal point to coordinate with the Ministry of Finance: To develop the national 5-year financial plan, 3-year state financial and budget plan and annual state budget estimates; public debt management and public borrowing and debt repayment plans; To develop strategies, 5-year and annual plans on national reserves.

5. Acting as a focal point to coordinate with the State Bank of Vietnam to develop mechanisms and policies on monetary, banking and foreign exchange activities, international balance of payments, restructuring and handling of bad debts of credit institutions, financial technology; to increase and decrease investment capital in the State’s credit institutions.

6. Presiding over and coordinating with relevant units in performing the state management functions on national target programs, including researching, drafting legal documents and guidance documents; Proposing management mechanisms and organizing the implementation of programs; synthesizing and proposing objectives, tasks, and plans to allocate medium-term and annual public investment capital plans of programs. Acting as a focal point to assist the standing agency of the Central Steering Committee for national target programs.

7. Monitoring, evaluating, and synthesizing reports on the implementation of financial and monetary plans and national target programs.

8. Acting as a focal point to synthesize public investment plans of: Ministry of Finance, State Audit, State Bank of Vietnam, Bank for Social Policies, Vietnam Development Bank, and the State’s off-budget financial funds.

9. Presiding over and coordinating with relevant units to synthesize, propose tasks and allocate the State’s budget estimates to implement national target programs at the Ministry of Planning and Investment.

10. Presiding over and coordinating with relevant units to appraise investment policies for projects under the Prime Minister’s authority to approve and decide investment policies in the sectors and fields in charge as assigned by the Ministry’s leaders.

11. Presiding over and coordinating with relevant units to give opinions on national planning prepared and adjusted by ministries and ministerial-level agencies (excluding planning for national reserve warehouses).

12. Presiding over and coordinating with relevant units to guide the implementation of legal regulations on investment and business for the fields in charge.

13. Presiding over and coordinating with relevant units to codify and consolidate legal documents in the fields in charge by the Department according to regulations.

14. Carrying out other tasks as assigned by the Minister.

Article 3. Organizational structure

The Financial and Monetary Department has one Director General and a number of Deputy Directors General; The Financial and Monetary Department works under the Leader regime and Specialist regime; The Department’s staffing is decided by the Minister.

Article 4. Enforcement

This Decision comes into force since the date of signing and replaces the Decision No. 1862/QD-BKHDT dated December 21st, 2017 by Minister of the Ministry of Planning and Investment on functions, tasks, powers and organizational structure of the Financial and Monetary Department.

Article 5. Implementation responsibility

Director General of Department of Organization and Personnel, Chief of the Ministry Office, Director General of Financial and Monetary Department and the heads of units and organizations under the Ministry are responsible for implementing this Decision./.

 

MINISTER

 

(Signed and sealed)

 

Nguyen Chi Dung


MPI_ QĐ 829 Financial and Monetary Department .pdf Tải về

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