Quang Ngai 'maintains its performance' in budget collection. In 2024, the province's total budget revenue will reach more than 29,500 billion VND, exceeding 15.5% of the central government's estimate.
Dung Quat Oil Refinery is still the pillar for Quang Ngai to "maintain its form" in budget collection - Photo: TRAN MAI
In the context of general economic difficulties, Quang Ngai also faces many challenges. However, through the budget revenue in 2024 exceeding the assigned estimate, Quang Ngai shows its solidarity and unity to maintain growth.
Quang Ngai's budget revenue exceeds the central government's estimate.
According to the report of Quang Ngai province, the total budget revenue of the province in 2024 is estimated to reach more than 29,500 billion VND, equal to 96.2% compared to 2023, exceeding 15.5% compared to the central budget estimate and the estimate assigned by the Provincial People's Council. Total local budget expenditure is estimated to reach more than 17,700 billion VND, equal to 95.2% of the estimate assigned by the Provincial People's Council.
In the process of implementing the socio-economic development tasks in 2024, Quang Ngai identified that it would face many challenges to maintain growth and budget revenue. Especially in the first months of the year, the changes in the staff and leaders at the provincial level and the working spirit of some officials and civil servants were still hesitant, afraid of mistakes and responsibility. This greatly affected the direction and administration of the Provincial People's Committee.
The challenges were raised, Quang Ngai province joined hands to solve. With the attention and support from the central government, the Provincial Party Committee Standing Committee grasped and issued many instructions, promoting the political system to accelerate in many areas. This is the "key" to ensure that growth does not stagnate and budget revenue is positive.
Mr. Tran Phuoc Hien, Vice Chairman of Quang Ngai Provincial People's Committee, said: "To achieve the above results, it is the joint efforts of the apparatus. The timely direction of the Provincial Party Committee Standing Committee and the leaders of the Provincial People's Committee in many arising issues.
Thanks to that, the province has overcome difficulties and achieved many good results in many fields. The material and spiritual life of the people has been improved, and the growth momentum of the province continues to accelerate.
The sustained momentum from Dung Quat Economic Zone is the basis for Quang Ngai to achieve good figures in local budget revenue - Photo: TRAN MAI
Land use revenue facing difficulties
The only source of revenue facing difficulties for Quang Ngai province in 2024 is land use fees. Despite great efforts, the real estate market is still sluggish, with many land auction projects having no investors participating.
In addition, real estate projects have been auctioned and legal procedures have been completed but investors are slow to implement due to the sluggish context of the real estate market nationwide. Therefore, it has directly affected the land use fee collection plan that the province set for 2024.
In addition, the central government's allocation of capital from land use fee revenue to Quang Ngai is too high compared to its actual capacity, affecting the province's public investment management.
Many public investment projects from land use revenue in 2024 will face difficulties as actual revenue only reaches 15.6% of the assigned plan. If the real estate market in 2024 is good, the province's total budget revenue will far exceed the assigned plan.
Source: https://tuoitre.vn/quang-ngai-giu-phong-do-thu-ngan-sach-20241204103744625.htm
Comment (0)