Vietnamese ministries allocate more than 70 percent of their budgets to climate change adaptation, heard a launch workshop regarding climate public expenditure and investment review (CPEIR) of Vietnam on March 11.
The Ministry of Economy and Finance of the Republic of Korea (RoK) on May 7 urged East Asian nations to step up policy coordination to minimise the economic fallout from the COVID-19 pandemic, reported Yonhap news agency.
The Asian Development Bank (ADB) has approved a 500 million USD policy-based loan to support Indonesia’s fiscal and public expenditure management reforms and improve the quality of government spending on health, education, social protection, and infrastructure.
The eighth plenary conference of the Public Expenditure Management Network in Asia (PEMNA) will take place in Ha Long city of the northern province of Quang Ninh from May 22-24, announced the Ministry of Finance (MoF).
The Malaysian Government has agreed that cabinet ministers going on short business trips will not allowed to bring their spouses along, a move aimed to cut public expenditure.
Ho Chi Minh City collected over 269.1 trillion VND (nearly 11.6 billion USD) for the State budget in the January-September period, up 9.88 percent year on year.
International organisations and development partners have contributed significantly to the Ministry of Finance’s positive outcomes on the reform of public finance management.
The Ministry of Finance has developed different scenarios that consider future impacts of oil price slumps for a more flexible management of the state budget in 2016, said Minister Dinh Tien Dung.
Environment
