The Vietnamese delegation at the conference (Photo: VNA) Addressing the opening, Cambodian National Assembly (NA) leaderHeng Samrin said that the event is a chance for the legislative bodies of thefour countries to exchange ideas and seek a strategic plan and policies to ensurethe use of State budget and public investment in an effective, transparent and responsiblemanner.
He highlighted the importance of enhancing the supervisingrole of the NA, inspectors as well as stronger engagement of people in thefield.
The conference is also a chance to foster traditionalfriendship and cooperation among the four countries, contributing tomaintaining peace and stability in each country as well as the region and theworld, he stated.
Vice Chairman of the Vietnam’s NA Financial-Budget CommitteeNguyen Huu Toan shared that supervision activities of Vietnam’s NA on publicinvestment have been implemented through diverse forms such as thematicsupervision, the verification of the Government’s reports and the organsationof question-and-answer sessions.
The activities focus on urgent matters that draw publicattention such as the implementation of the Law on Thrift Practice andWastefulness Prevention, the Law on Public Investment, Law on State Budget, aswell as the allocation and use of State budget and the national targetprogrammes on climate change and new-style rural building, and Sate-investedprojects, he said.
Toan also underscored that the committee has proposed the NAto approve a resolution on a five-year financial plan and a medium-term public investmentfor the 2016-2020 period, and the reform of the balancing and distributing ofpublic investment, ensuring the initiative of ministries, sectors andlocalities.
This will also create an important legal framework for the NAto improve the effectiveness of supervising the process of allocating and usingof annual and medium-term investment each year.
During the two-day conference, participants will alsodiscuss measures to better the management over State budget and public investment, while sharing experience in lessonsin State audit, and reviewing the outcomes of the previous conference in DaNang and mapping out cooperation plans in the future.-VNA
VNA
