Kinhtedothi - On the afternoon of November 13, the National Assembly voted to pass the Resolution on the central budget allocation plan for 2025. Accordingly, in 2025, the National Assembly resolved that the total central budget revenue would be 1,020,164 billion VND. The total local budget revenue would be 946,675 billion VND.
The total central budget expenditure in 2025 is decided to be 1,523,264 billion VND, of which: an estimate of 248,786 billion VND to supplement the budget balance (including a 2% increase in the balance compared to the 2024 State budget estimate and an increase of 917.3 billion VND for the Nghe An provincial budget to implement Resolution No. 137/2024/QH15 dated June 26, 2024 of the National Assembly on piloting a number of specific mechanisms and policies for the development of Nghe An province).
Targeted additional budget for local budgets (including an additional amount of VND 14,434.4 billion to ensure that the estimated level of local budget balance expenditure in 2025 is not lower than the estimated level of local budget balance expenditure in 2023).
The Resolution also resolved to use 60,000 billion VND of the accumulated fund for salary reform of the central budget and 50,619 billion VND of the remaining fund for salary reform of the local budget by the end of 2024 to transfer to the 2025 budget arrangement of ministries, central and local agencies to implement the basic salary level of 2.34 million VND/month.
For central state administrative agencies and units with specific financial and income mechanisms approved by competent authorities, the National Assembly allows the arrangement of expenditures to ensure salaries, salary allowances, contributions according to prescribed regimes, additional income, regular expenditures according to norms and specific tasks of these agencies and units, except for the State Bank of Vietnam and Vietnam Social Security.
In the Resolution, the National Assembly requested the Government to tighten financial discipline and strictly handle violations and obstacles that slow down the progress of capital allocation, implementation and disbursement. At the same time, individualize the responsibility of the head in case of slow implementation and disbursement, associated with the assessment of the level of completion of assigned tasks.
The National Assembly also requested that from 2024, the central budget be adjusted to enjoy 100% of the revenue from radio frequency usage rights.
The revenue from road use fees collected through automobile vehicles (after deducting collection costs) is 100% paid to the central budget, while 65% of the revenue is divided to the central budget and a targeted additional central budget estimate is arranged for local budgets, equivalent to 35% of the revenue, to carry out road management and maintenance work.
The National Assembly also requested that lottery revenues be used for development investment; prioritizing investment in the education - training and vocational education sectors (including purchasing teaching equipment for the general education textbook innovation program), and the health sector. The remaining portion is prioritized for other important and urgent development investment tasks that are subject to investment from the local budget.
The National Assembly assigned the Government to assign the tasks of State budget collection and expenditure, and the allocation of the central budget to each ministry, central agency, and each province and centrally-run city in accordance with regulations.
At the same time, direct and guide ministries, central agencies and provinces and centrally-run cities to allocate state budget investment capital to ensure concentration, focus, and key points, and comply with conditions and priority order according to regulations.
Source: https://kinhtedothi.vn/quoc-hoi-thong-qua-phuong-an-phan-bo-ngan-sach-trung-uong-nam-2025.html
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