Quang Ninh province places special emphasis on managing and administering the state budget, implementing numerous innovations to generate significant resources for socio-economic development and ensuring robust national defense and security.
In the last three years alone (2021, 2022, 2023), the total state budget revenue in Quang Ninh province reached VND 163,113 billion, with each year exceeding the previous one, at an average growth rate of 4% per year (VND 52,222 billion in 2021; VND 54,274 billion in 2022; and VND 56,617 billion in 2023). Of this, domestic revenue reached VND 119,300 billion, accounting for 73% of the total budget revenue in the province, consistently ranking among the top in the country; import and export revenue reached VND 43,600 billion, accounting for 27% of the total budget revenue in the province.
To achieve these results, the Provincial People's Council issued Resolution No. 66/NQ-HĐND (dated December 9, 2021) on the decentralization of revenue sources, expenditure tasks, and the percentage (%) distribution of revenue between local government budgets at different levels, and the allocation norms for recurrent expenditure estimates of the local budget during the budget stabilization period 2022-2025; and Resolution No. 77/NQ-HĐND (dated December 9, 2021) on the estimated revenue of the state budget, local budget expenditure, the provincial budget allocation plan, and mechanisms and measures for budget management in 2022, and the 3-year financial plan (2022-2024). Resolution No. 72/NQ-HĐND (dated December 9, 2021) on the 5-year state financial and budget plan (2021-2025) is based on the principle that the provincial budget plays a leading role, drawing on centralized revenue sources and revenue generated from projects invested by the province to provide resources for addressing key tasks and major balancing requirements of the province, increasing the proactive role of the local budget.
Annually, adhering closely to the state budget revenue targets in accordance with the Resolution of the Provincial Party Committee, from the very beginning of the year, the Provincial People's Committee issues directives and urges functional departments and agencies, and local People's Committees to focus on directing, firmly grasping, and strictly managing revenue sources, ensuring accurate, sufficient, and timely collection, nurturing revenue sources, and thoroughly addressing long-standing outstanding debts; expanding the revenue base and effectively exploiting revenue potential; and increasing the proportion of sustainable revenue sources from taxes, fees, and charges.
The province has decentralized and delegated authority to district-level budgets to effectively utilize local revenue sources, proactively manage local tasks, and ensure regular operating funds for grassroots levels at the commune, ward, and town levels, which are the direct implementers of state policies for the people.
Besides the goal of collecting state budget revenue, the province is seriously implementing a balanced expenditure plan, with total expenditure over three years (2021, 2022, 2023) reaching 78,796 billion VND (35,136 billion VND for recurrent expenditure; 43,600 billion VND for development investment expenditure).
In managing budget expenditures, the province has promoted the restructuring of public investment, ensuring high concentration, focusing on key priorities, having a ripple effect, and being able to attract and lead investment from outside the budget; thoroughly implementing savings in recurrent expenditures, increasing the proportion of development investment expenditures in the total local budget expenditure (55%); and overcoming the situation of fragmentation, prolonged, scattered, and wasteful spending.
Investment capital for development has been allocated promptly to key and strategic projects and works. Specifically, capital has been allocated for the commencement of 82 new projects in the medium-term public investment plan for the period 2021-2026. The annual disbursement rate of public investment capital has consistently met and exceeded the targets set by the Prime Minister and is continuously improving. In 2021, the province's public investment capital disbursement reached 91.4%; in 2022, it reached 91.9%; and in 2023, it reached 92% compared to the plan assigned by the Provincial People's Council at the beginning of the year.
In 2024, Quang Ninh province is determined to achieve a state budget revenue target of no less than 55,600 billion VND and strive to disburse 100% of public investment capital as planned. The experience gained in managing and operating the state budget in the past is an important driving force for Quang Ninh to continue its breakthrough in future development, becoming a prosperous, beautiful, civilized, and modern province of the country.
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