After being reorganized into the Ministry of Economy and Finance, the total number of 22/56 focal points will be reduced (39.3% reduction), including 6/6 general departments (100%), 11/44 departments, bureaus, offices, and inspectorates will be reduced, and 5/9 units under the ministry will be reduced (55.56%).
On the afternoon of December 11, Deputy Prime Minister Ho Duc Phoc held a meeting on streamlining the apparatus of the Ministry of Finance.
According to Deputy Minister of Finance Nguyen Duc Chi, the total number of units under the organizational structure of the Ministry of Planning and Investment and the Ministry of Finance before the arrangement was 56 units (28 units each), including 47 administrative units (6 general departments, 14 departments, 27 offices, offices, inspectorates), and 9 public service units.
After the rearrangement of the two ministries into the Ministry of Economy and Finance, there will be 35 focal points, of which 34 focal points will be arranged from the merger of the two ministries (17 departments, 13 offices, offices, inspectorates, 4 public service units) and 1 additional focal point is a public service unit due to the merger of Vietnam Social Security; a total reduction of 22/56 focal points (a reduction of 39.3%), including 6/6 general departments (100%), a reduction of 11/44 departments, offices, offices, inspectorates, and a reduction of 5/9 service units under the ministry (55.56%).
For the 9 public service units outside the organizational structure of the Ministries, initially they will remain as they are now, then they will be arranged according to general criteria, only retaining units under ministries and branches serving political tasks in leading units associated with the functions and tasks of the ministry, fully meeting the criteria for establishment according to regulations, in accordance with the planning of the network of public service units by industry and field, converting into joint stock companies when meeting all the conditions according to the provisions of law. At the same time, review and arrange the internal organization of public service units to ensure the criteria for establishing organizations according to the Government's regulations and the requirement for streamlining the apparatus.
For higher education institutions, arrange according to the network planning of education and training institutions, associated with improving the level of financial autonomy in accordance with the roadmap for calculating full public service prices by industry and field.
For public service units under departments of ministries and general departments of ministries, we will continue to review and arrange to improve operational efficiency and financial autonomy.
Regarding the transfer of personnel from the State Capital Management Committee at Enterprises and the National Financial Supervision Committee to the Ministry of Economy and Finance, Deputy Minister Nguyen Duc Chi said that the Ministry will review each specific case in relation to the assigned tasks, in accordance with the job position and the situation of organization arrangement and streamlining.
The Ministry of Finance agrees with the policy of merging and organizing the Vietnam Social Security into a public service unit under the Ministry of Economy and Finance, ending the current model of the Vietnam Social Security under the Government. This unit has the function of advising the Minister on organizing the implementation of social insurance, health insurance, unemployment insurance, supplementary pension insurance policies, and managing these funds to ensure smoothness and system-wide connectivity.
Regarding the arrangement and streamlining of the Ministry of Finance, Deputy Prime Minister Ho Duc Phoc noted that it is necessary to study the name after merging the Ministry of Finance and the Ministry of Planning and Investment. The name should include the element “finance” because this is also international practice.
The Deputy Prime Minister suggested some names such as the Ministry of Finance, Investment or the Ministry of Finance and Development, suitable for the role of taking on macroeconomic advisory orientation.
The Deputy Prime Minister also said that the arrangement of the Ministry of Finance is relatively reasonable.
According to the Deputy Prime Minister, summarizing Resolution 18-NQ/TW, reorganizing and streamlining the apparatus requires drastic and quick action but must ensure the normal operation of the apparatus, must be completed in December 2024 and put into stable operation before February 25, 2025.
Along with the merger, it is necessary to consider the construction and submission to the competent authority to issue a decree on the functions, tasks and scope of work of the Ministry.
In February 2025, the National Assembly will meet to give opinions on regulations on the apparatus, so that the apparatus operates in accordance with the law./.
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