Develop scenarios regarding budgetary resources for implementing the Capital City Law 2024.

On June 28, 2024, the National Assembly passed the amended Law on the Capital City, comprising 7 chapters and 54 articles, clearly defining the position and role of the Capital City; policies and responsibilities for its construction, development, management, and protection. The law takes effect from January 1, 2025, except for some provisions which take effect from July 1, 2025.

Shortly thereafter, Hanoi proactively issued Plan 225/KH-UBND dated July 22, 2024, on the implementation of the Law on the Capital City. This plan focuses on several key tasks, including: disseminating and ensuring the law's implementation; and developing policies to concretize the Law on the Capital City.

Removing obstacles and bottlenecks in mobilizing financial resources.

According to a report from the Hanoi Department of Finance, in Plan No. 225/KH-UBND dated [date], the Hanoi People's Committee assigned the Department of Finance to take the lead in advising on detailed regulations for 5 items and planned to coordinate participation in the remaining 91 items, which would be advised on by other departments and agencies. After review, the Department of Finance basically agreed on the 5 items assigned to it, except for the task of advising on assets donated, gifted, contributed, aided, or sponsored by domestic and foreign organizations and individuals (one of the three tasks under item No. 49, Appendix 2).

Over the past period, the Department has submitted numerous documents providing opinions and proposals on mechanisms and policies in the development of the Law on the Capital City, particularly noteworthy are the policies on finance, budget, and resource mobilization for the development of the Capital City in Articles 34, 35, and 41. These have, to some extent, resolved obstacles and bottlenecks regarding the mobilization of financial resources, the use of budgetary financial resources for the development of the Capital City, and the management, use, and improvement of the efficiency of exploiting public assets at public service units in the Capital City.

Regarding the progress of the Department of Finance's tasks, before the City issued Plan No. 225/KH-UBND on the implementation of the Capital City Law, as early as April 2024, the Department of Finance had established a Steering Committee and a Working Group to assign tasks for the Department's implementation; specifically assigning departments to carry out tasks such as leading policy development, coordinating with other departments and agencies, and advising on resources…

To date, the draft policies developed under the leadership of the Department of Finance have been discussed numerous times among the departments and units within the Department, in the Task Force, and the Department's Steering Committee. Simultaneously, the Department of Finance has compiled the funding needs for implementing the policies proposed by the Department; and is currently developing scenarios regarding budgetary resources for the implementation of the Capital City Law, to be reported to the Hanoi People's Committee soon.

Develop specific policies to implement the Law on the Capital City.

At a recent working session between the Standing Vice Chairman of the Hanoi People's Committee, Le Hong Son, and the Department of Finance regarding the implementation of Plan No. 225/KH-UBND, representatives from the committees of the Hanoi People's Council, departments, and units contributed several opinions on the implementation of the 2024 Capital City Law by the Department of Finance, such as: advising the People's Council and the People's Committee on decentralization and delegation of authority; standards and price norms for services, etc.

Director of the Department of Finance Nguyen Xuan Luu acknowledged the suggestions from the delegates participating in the conference and reported, proposing directions on several policy contents regarding the use of recurrent expenditure; regulations related to public assets; regulations on fees and charges; expenditure levels for drafting documents and the activities of the Task Force…; resources for implementing the Law on the Capital City; coordination with departments and agencies in developing policies to increase income for officials and civil servants…

Hanoi People's Committee Standing Vice Chairman Le Hong Son highly appreciated the sense of responsibility and quality demonstrated by the Department of Finance in the process of drafting the Capital City Law; the proactive and decisive approach of the Department in implementing tasks before and after the Capital City Law was promulgated, as shown in the draft Resolution on public assets, joint ventures and partnerships, and the draft Decision of the Hanoi People's Committee on the use of recurrent expenditure for renovation and upgrading of existing works; recurrent expenditure for planning work, etc.

In addition, the Standing Vice Chairman of the Hanoi People's Committee, Le Hong Son, also requested the Department of Finance to continue to promote a sense of responsibility, proactiveness, and creativity in advising the city on the development of policies to concretize the Law on the Capital City, which is chaired by the Department of Finance; advising on the balance of budget resources; and coordinating with other departments and agencies to develop policies… ensuring progress and quality according to the plan set by the city.

Source: https://kinhtedothi.vn/xay-dung-cac-kich-ban-ve-nguon-luc-ngan-sach-trien-khai-luat-thu-do-2024.html