[Update] - Deploying financial tasks

On the afternoon of December 31, the Ministry of Finance held a national online conference to review the state budget and finance work in 2024 and deploy tasks for 2025. Comrade Pham Minh Chinh, Politburo member and Prime Minister attended and delivered a speech at the conference.

Attending the conference at the Hanoi bridge point were Deputy Prime Minister Ho Duc Phoc and representatives of leaders of central departments, ministries and branches.

Comrade Do Minh Tuan, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee and delegates attended the conference at the Thanh Hoa province bridge.

Attending the conference at Thanh Hoa province bridge were comrade Do Minh Tuan, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee and representatives of relevant departments and branches.

Excellent completion of financial tasks - State budget

Implementing the resolutions of the Party, the National Assembly, the Government, and the drastic and timely direction of the Government and the Prime Minister, in 2024, the Finance sector has proactively and resolutely deployed solutions, successfully completed the assigned tasks of finance - State budget, contributing to supporting the economy, removing difficulties for businesses and people, promoting economic growth, ensuring social security and people's lives. At the same time, advising and submitting to the Prime Minister to issue telegrams and directives to rectify, tighten discipline and order in compliance with the law on finance, State budget revenue and expenditure; developing safe, transparent, effective and sustainable securities, corporate bond and insurance markets; strengthening price and market management...

Delegates attending the conference at Thanh Hoa bridge point.

By December 27, 2024, the state budget revenue reached 1,977.3 trillion VND, equal to 117.4% of the estimate. Of which, domestic revenue reached 115.2% of the estimate, revenue from crude oil reached 126.2% of the estimate, and balanced revenue from import-export activities reached 134.2% of the estimate.

The Ministry of Finance has directed tax and customs agencies to focus on drastically implementing collection work right from the last days of the year, urging full and timely collection of arising amounts, amounts that have expired the extension period according to regulations, amounts receivable according to the conclusions and recommendations of the State Inspectorate and Audit agencies... Striving to collect an estimated VND 2,025.4 trillion for the whole year, an increase of 19.1% compared to the estimate, an increase of 15.5% compared to the implementation in 2023.

Along with the results of state budget revenue, thanks to proactive management, state budget expenditure tasks in 2024 basically completed the set targets. Total state budget expenditure by December 31, 2024 is estimated at about VND 1,830.8 billion, equal to 86.4% of the estimate.

The results of state budget revenue and expenditure have contributed to ensuring the balance of the central and local budgets. The estimated state budget deficit in 2024 (including the Recovery Program) is about 3.4% of GDP, a decrease of VND 10,000 billion compared to the estimate.

During the year, the Ministry of Finance focused on directing units to promote digital transformation, modernization, and application of information technology in the field of financial management - State budget. The total number of online public services under the Ministry of Finance's management is 747 public services. At the same time, 284 online public services have been integrated into the national public service portal...

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Source: https://baothanhhoa.vn/cap-nhat-trien-khai-nhiem-vu-tai-chinh-ngan-sach-nha-nuoc-nam-2025-235468.htm