BTO- Continuing the discussion session in the group this afternoon, October 29, Deputy Head of the National Assembly Delegation of Binh Thuan province Nguyen Huu Thong gave some opinions on the draft Law on Public Investment and the draft Law on State Budget.
Issuing the Law on Public Investment (amended) is very necessary.
Regarding the draft Law on Public Investment, according to Deputy Head of the National Assembly Delegation of Binh Thuan Province Nguyen Huu Thong: In order to promptly institutionalize viewpoints, goals, and orientations to perfect institutions and laws on public investment, promote decentralization and delegation of power according to the 10-year Socio-Economic Development Strategy 2021-2030, Resolutions and Conclusions of the Party Central Committee and the Politburo, to meet the requirements of exploiting and effectively using resources for the country's growth and development in the new situation. Therefore, the delegate believes that the promulgation of the Law on Public Investment (amended) is very necessary and timely, I agree with the promulgation of the draft Law.
Giving specific comments in Article 5 on public investment subjects, delegates found that for small-scale projects with the goal of supporting and developing the community, especially resettlement projects, it is necessary to supplement regulations on simple procedures for these types of projects to shorten the time, support and promptly resolve issues for the community, people and beneficiaries.
In Article 74 on Adjusting public investment plans; Point c, Clause 7 of the draft Law stipulates that People's Councils at all levels adjust medium-term and annual public investment plans of local budget capital in the following cases: "c) Due to changes in the need to use or the ability to implement annual capital plans among local agencies and units."; delegates proposed to edit Point c to: "c) Due to adding a new list of projects outside the list already included in the medium-term and annual plan of local budget capital" to conform to current reality.
Adjust and supplement plans for using increased revenue and cost savings
Commenting on the content of amending and supplementing a number of articles of the State Budget Law (Article 4 of the draft); specifically on amending and supplementing a number of points and clauses of Article 38 (Clause 6, Article 4 of the draft), delegates proposed that the drafting agency add content on the task of paying principal, because according to the provisions of Article 38 of the State Budget Law, the spending tasks of local budgets do not stipulate the task of "paying principal" of local budgets. However, Article 72 of the State Budget Law on handling state budget surpluses stipulates: "The surplus of the central budget and provincial budgets shall be used to pay principal and interest on state budget loans...". In reality, every year, Binh Thuan province has expenses incurred to pay principal due in the year for projects re-borrowing foreign loans from the Government. Therefore, it is necessary to add the content of "repaying principal" expenditure to the expenditure tasks of local budgets to ensure the strictness between the Articles of the State Budget Law and to suit the actual situation of the locality.
In addition, delegates proposed to adjust and supplement the plan for using increased revenue and saving expenditures as prescribed in Clause 2, Article 59 of the State Budget Law: Through the assessment of the plans for using increased revenue and saving expenditures as prescribed in Clause 2, Article 59 of the State Budget Law, it has not been highly effective; localities have not been encouraged to strive to increase revenue and save expenditures because only 06 specific expenditure tasks are prescribed and must be in order of priority, not allowing localities to use them to allocate to necessary regimes, policies and tasks serving socio-economic development according to local needs.
Currently, the central government's policies and regulations have not been fully promulgated. There are still many local policies and regulations that must be promulgated according to the local budget's ability to balance to serve the task of socio-economic development, ensuring local security and defense, using local resources, and the central budget does not support the locality. In addition, during the period of budget stability, when the central government promulgates additional policies and regulations stipulating that the local budget balances its own resources (the central budget does not provide additional funding) with a fairly high increase in funding, it is very difficult for localities that still receive subsidies from the central budget (including Binh Thuan province). Therefore, the delegate proposed to adjust the regulations on developing plans to use increased revenue sources and save expenditures in the direction of creating initiative and positivity for localities according to the plan to add Point g, Clause 2, Article 59 as follows: "g. Other local expenditure tasks".
Regarding Clause 5, Article 66 of the State Budget Law, it is stipulated that: “The head of the unit reviewing the settlement must be responsible for the settlement approval results. If there is a violation that is not detected or detected but not handled, it will be handled according to the provisions of law.”. The delegate found that the above regulation on the responsibility of the head of the unit reviewing the settlement is not really appropriate and does not promote the responsibility of the unit directly using the budget, because the unit must take responsibility for its own budget use decisions. Therefore, the delegate proposed to study and edit the content of the above regulation in the direction of adding a regulation on the responsibility of the unit directly using the budget to make it suitable. When there is a violation, the unit must take responsibility according to the provisions of law for the violation that it decides and causes consequences...
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