Identifier
Created
Classification
Origin
09HANOI319
2009-04-07 11:23:00
UNCLASSIFIED
Embassy Hanoi
Cable title:
BUDGET TRANSPARENCY REPORT UPDATE FOR VIETNAM
how-toVZCZCXRO1403 PP RUEHHM DE RUEHHI #0319 0971123 ZNR UUUUU ZZH P 071123Z APR 09 FM AMEMBASSY HANOI TO RUEHC/SECSTATE WASHDC PRIORITY 9455 RUEHGP/AMEMBASSY SINGAPORE 2775 INFO RUEHHM/AMCONSUL HO CHI MINH 5765 RUEATRS/DEPT OF TREASURY WASHINGTON DC
UNCLAS HANOI 000319
DEPT FOR EAP/MLS, EB/IFD/OMA JJACOBY, USAID/ANE, USAID EGAT/EG
SINGAPORE FOR TREASURY S BAKER
TREASURY FOR SCHUN
SIPDIS
E.O. 12958: N/A
TAGS: EFIN EAID ECON PREL VM
SUBJECT: BUDGET TRANSPARENCY REPORT UPDATE FOR VIETNAM
Ref: a) STATE 28885 ("FY09 Prohibition on Assistance...")
b) HANOI 262 ("Vietnam's Budget Squeeze")
c) HANOI 285 (2008 - "Fiscal Transparency Report for VN")
UNCLAS HANOI 000319
DEPT FOR EAP/MLS, EB/IFD/OMA JJACOBY, USAID/ANE, USAID EGAT/EG
SINGAPORE FOR TREASURY S BAKER
TREASURY FOR SCHUN
SIPDIS
E.O. 12958: N/A
TAGS: EFIN EAID ECON PREL VM
SUBJECT: BUDGET TRANSPARENCY REPORT UPDATE FOR VIETNAM
Ref: a) STATE 28885 ("FY09 Prohibition on Assistance...")
b) HANOI 262 ("Vietnam's Budget Squeeze")
c) HANOI 285 (2008 - "Fiscal Transparency Report for VN")
1) This is in response to reftel A.
2) The central government of Vietnam is receiving 2009 U.S. foreign
assistance funds. Vietnam's budget is publicly available but is
currently being revised in light of the global economic downturn
(reftel B). A new budget will be debated by the National Assembly
in May and will be published thereafter. Incomes and expenditures
are included in the publicly available budget and off-budget income
and expenditure are disclosed to the IMF and published pursuant to
the Article IV process. Multilateral development banks and
bilateral donors continue to work with the Government of Vietnam to
improve the budgeting process. For a detailed explanation of
Vietnam's budget transparency initiatives, see reftel C. Please
direct any further questions to Economic Officer Birgitta Mattingley
(mattingleybs@state.gov).
MICHALAK
DEPT FOR EAP/MLS, EB/IFD/OMA JJACOBY, USAID/ANE, USAID EGAT/EG
SINGAPORE FOR TREASURY S BAKER
TREASURY FOR SCHUN
SIPDIS
E.O. 12958: N/A
TAGS: EFIN EAID ECON PREL VM
SUBJECT: BUDGET TRANSPARENCY REPORT UPDATE FOR VIETNAM
Ref: a) STATE 28885 ("FY09 Prohibition on Assistance...")
b) HANOI 262 ("Vietnam's Budget Squeeze")
c) HANOI 285 (2008 - "Fiscal Transparency Report for VN")
1) This is in response to reftel A.
2) The central government of Vietnam is receiving 2009 U.S. foreign
assistance funds. Vietnam's budget is publicly available but is
currently being revised in light of the global economic downturn
(reftel B). A new budget will be debated by the National Assembly
in May and will be published thereafter. Incomes and expenditures
are included in the publicly available budget and off-budget income
and expenditure are disclosed to the IMF and published pursuant to
the Article IV process. Multilateral development banks and
bilateral donors continue to work with the Government of Vietnam to
improve the budgeting process. For a detailed explanation of
Vietnam's budget transparency initiatives, see reftel C. Please
direct any further questions to Economic Officer Birgitta Mattingley
(mattingleybs@state.gov).
MICHALAK