Estimated total budget revenue of Nghe An in 2024 is nearly 16 trillion VND

Accordingly, Resolution No. 68/2023/NQ-HDND dated December 7, 2023, Nghe An Provincial People's Council has resolved to estimate the total state budget revenue in the area in 2024 at VND 15,903.5 billion, of which domestic revenue is VND 14,532 billion and revenue from import and export activities is VND 1,300 billion, aid revenue is VND 21,515 billion, revenue from mobilized sources, planning funding is VND 50 billion.

Nghe An Provincial People's Council also resolved that the total local budget expenditure in 2024 is 36,090.5 billion VND; the local budget deficit is 24.3 billion VND; borrowing during the year is 303 billion VND; principal repayment is 60.7 billion VND; the rest is the operating plan of extra-budgetary financial funds.

In addition, based on the 2024 revenue and expenditure estimates, the assigned additional tasks and the ability to balance the budget, determine the additional balance amount, the additional targeted amount from the provincial budget for localities in 2024. For the 2024 budget expenditure estimates of localities, implementing specific mechanisms and policies, estimates only implementing urban and environmental construction policies... have included the norms prescribed in Resolution No. 21/2021/NQ-HDND dated December 9, 2021 of the Provincial People's Council promulgating regulations on principles, criteria and norms for allocating regular local budget expenditure estimates in 2022, stable until 2025 in Nghe An province.

+Implementation solution:

- The Provincial People's Council assigns the Provincial People's Committee to base on the Resolution of the Provincial People's Council to implement and assign detailed budget collection and expenditure tasks to sectors, localities and units according to the State Budget Law.

- Regularly direct the budget collection work, ensure the correct, sufficient and timely collection of taxes, fees, charges and other revenues to the State budget. Well implement the amended and supplemented Tax Laws and the State budget collection tasks according to the resolution of the Provincial People's Council; strengthen the monitoring, inspection and control of tax declarations of organizations and individuals; resolutely direct the fight against tax losses, recover tax arrears from previous years; revenues discovered through inspection, examination and auditing; strictly control the refund of value added tax, export tax, import tax; continue to implement tax administrative procedure reform, promote electronic tax management.

Strictly implement regulations on auctions when transferring, leasing public assets, allocating land, leasing land according to the provisions of law. Strengthen tax debt collection, promote measures to enforce tax debt according to the Law on Tax Administration. In addition, apply additional measures such as: temporarily suspending exit for legal representatives of enterprises, reclaiming land for enterprises that have not fulfilled financial obligations related to land.

In addition, the Provincial People's Council also requested strict implementation of Directive No. 22/CT-TTg dated June 23, 2023 of the Prime Minister on rectifying and strengthening discipline in complying with the law on State budget finance; implementing State budget management in accordance with the provisions of the State Budget Law, the Law on Public Investment and strictly complying with management decentralization, ensuring budget balance.