Circular 20/TC-KBNN

THE MINISTRY OF FINANCE

Circular No.20-TC/KBNN of April 25, 1997 guiding the regime of management, allocation and payment of the expenditures of the State budget through the State Treasury.

All agencies, units, project owners... using funds from the State budget shall have to open accounts at the State Treasury; be subject to the supervision and control of the financial agency and the State Treasury in the course of drafting the estimates, assigning limits, allocating, paying, cost-accounting and making final settlement of the State budget.

The State Treasury shall have to examine dossiers, documents, spending conditions and make a timely allocation and payment of State budget expenditures in strict compliance with regulations.

This Circular guides in details the following contents: conditions for allocation and payment; examination before the allocation and payment; mode of allocation and payment; accounting and reporting on the State budget expenditures.-