State Budget Law (Amended)
国家预算法（修订版）
ກົດໝາຍວ່າດ້ວຍ ງົບປະມານແຫ່ງລັດ (ສະບັບປັບປຸງ)
Summary
This Law governs the preparation, approval, execution, and final accounting of the state budget, aiming to ensure fiscal balance and budgetary discipline. Its scope of application covers all central and local budgetary units at various levels, designating the Ministry of Finance as the competent authority for budget management, and prohibiting any adjustment of the budget or diversion of budgetary funds without due legal process.
Articles
Article 1
Article 1 Purpose
This Law defines principles, regulations, and measures concerning the preparation, execution, summary, and audit of the state budget to manage the collection of budget revenues correctly, completely, and timely; to execute budget expenditures transparently, economically, efficiently, and uniformly nationwide; to enhance the responsibilities of state agencies at all levels, increase revenue sources, gradually strengthen their own financial capacity, ensure the stability of state finances, and integrate into the international financial system, aiming to continuously and sustainably participate in national socio-economic development.
Article 2
Article 2 State Budget
The state budget refers to the forecast of the national revenue-expenditure plan annually reviewed and approved by the National Assembly.
The state budget is the core of the national financial system and a tool for managing and regulating the macroeconomy, ensuring socio-economic development.
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