Prime Minister Pham Minh Chinh has just signed Official Dispatch No. 85/CD-TTg on managing the state budget estimates.
The dispatch stated that the state budget revenue in the first 8 months of the year is estimated to reach 78.5% of the estimate under the condition that policies have been implemented to exempt, reduce, and extend many types of taxes, fees, charges, land rents, and other budget revenues; state budget expenditures are strictly and economically managed.
However, the production and business activities of a number of enterprises are still difficult, inflationary pressure is still high, natural disasters and floods are complicated. Overall, the state budget revenue has made good progress and has grown compared to the same period, but there are still some revenue items with low collection progress, especially land use fees. The disbursement progress of development investment expenditure in the first 8 months of the year only reached 40.49% of the plan assigned by the Prime Minister, lower than the same period; 19 ministries, central agencies and 31 localities have not yet allocated in detail the capital plan assigned in 2024.
In the coming months, the world situation is forecast to continue to develop in a complex and unpredictable manner, adversely affecting our country's economy. Domestically, the economy faces many difficulties and challenges. However, the Government is determined to strive to achieve the highest level of targets and tasks of the annual budget estimate.
To ensure the balance of the State budget at all levels in all situations, increase savings in regular State budget expenditures, focus resources on increasing investment expenditures for infrastructure development, prevention and overcoming of consequences of natural disasters, storms and floods, and response to climate change; tighten financial and State budget discipline, the Prime Minister requested ministries, branches and localities to resolutely implement the solutions and tasks of socio-economic development and the State budget that have been set out, strive to increase revenue, increase savings in expenditures, and proactively balance the State budget in the remaining months of 2024.
The Prime Minister requested to focus on implementing fiscal and monetary policy solutions and other macro policies that have been issued to remove difficulties for businesses and people, control inflation, maintain macroeconomic stability, maintain growth momentum and ensure major balances of the economy; strive for the GDP growth rate for the whole year of 2024 to reach about 7%, exceeding the set target, creating a premise and momentum for 2025 and the period of 2026-2030. Strive for the state budget revenue in 2024 to exceed 10% of the estimate assigned by the National Assembly, the state budget revenue in 2025 to be about 5% higher than the estimated implementation in 2024 to ensure resources to meet spending tasks according to the estimate, increase spending to create sources for salary reform and handle unexpected tasks that arise. Strive to save about 10% more of the increased regular expenditure of the 2025 budget compared to the 2024 budget.
The Prime Minister also requested to thoroughly save regular expenditures, proactively review and arrange spending tasks; cut and save 5% of the assigned regular expenditure estimate. For 2025, in addition to the 10% savings in regular expenditures to create a source for salary reform according to regulations, it is necessary to synchronously implement solutions to review, restructure and arrange spending tasks, striving to save an additional 10% of the increased regular expenditure of the 2025 budget compared to the 2024 budget.
The Prime Minister also requested that budget expenditures be made in accordance with prescribed regulations, within the assigned budget, ensuring strictness, thrift and efficiency; focusing resources on implementing salary reform policies, social security policies and regimes, and poverty reduction. Strive to disburse over 95% of the assigned capital plan for 2024, contributing to promoting economic growth.
The Prime Minister assigned the Ministry of Finance to manage the budget to ensure reserve funds for natural disaster and epidemic prevention and control, salary payments, social security policies, and other important and urgent political tasks.
PHAN THAO
Source: https://www.sggp.org.vn/dam-bao-nguon-du-phong-cho-chi-phong-chong-thien-tai-dich-benh-tra-luong-post756981.html
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