Local authorities eligible to keep 70 percent of traffic fines

People’s Committee in Ho Chi Minh City came to an agreement with the Ministry of Finance to allow its local governments to keep 70 percent of administrative traffic fees.
 

Local authorities eligible to keep 70 percent of traffic fines

HCMC authority yesterday agreed with the Ministry’s proposal to give the green light for district authorities to use 70 percent of payment for traffic violations.
From 2018, to simplify the accounting, the city asked the Ministry to re-consider the division rate of traffic fines in localities; for instance, the state budget will receive 30 percent while local budgets will use 70 percent.
Additionally, the Ministry of Finance will liaise more with the Ministry of Public Security to work out how to spend the sum to facilitate the implementation.

By QUOC HUNG – Translated by UYEN PHUONG

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