2017: Ministry of Finance assigned Nghe An to collect 10,587 billion VND in budget

(Baonghean.vn) - On the afternoon of November 24, under the chairmanship of comrade Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, the Provincial People's Committee continued its regular meeting in November to listen to and give opinions on the public investment plan and revenue and expenditure, and budget allocation.

Also attending were Vice Chairmen of the Provincial People's Committee, members of the committee and representatives of departments and branches...

» In 2016, Nghe An is expected to have 25 targets achieved and exceeded the plan.

At the meeting, the Department of Planning and Investment presented a report on the results of the implementation of the public investment plan in 2016, the direction and tasks in 2017 and the draft Resolution of the Provincial People's Council on the public investment plan in 2017; the draft Resolution of the Provincial People's Council on the 5-year medium-term public investment plan 2016-2020.

According to the Department of Planning and Investment, the results of implementation and disbursement of the public investment capital plan in 2016 were over 5,000 billion VND. As of October 31, 2016, the implementation volume was 3,868 billion VND, reaching 75% of the plan, and the disbursement volume was 3,545 billion VND, reaching nearly 69% of the plan.

Overview of the meeting.

Chairman of the Provincial People's Committee Nguyen Xuan Duong proposed strengthening budget collection solutions in the last months of the year.

Thanks to the strong direction of the Provincial People's Committee and the efforts of all sectors and levels, the results of mobilizing social investment capital have been quite good, the total mobilized capital in the first 10 months of 2016 reached 37,351 billion VND, equal to 74.29% of the plan, up 12.6% over the same period. The whole year is estimated to reach 51,670 billion VND, reaching the set plan of 50,000 - 52,000 billion VND. In which, some sources have increased quite well such as state budget capital, investment capital through ministries, central sectors, capital from residents...

Comrade Nguyen Van Do - Director of Department of Planning and Investment reported on the implementation results of the public investment plan in 2016.

However, the progress of implementation and disbursement of the 2016 plan targets for some capital sources is still slow (national target programs, government bonds). Many key projects, projects serving investment attraction, and ODA project counterpart projects need to be accelerated, although sectors and levels have focused resources to advise on capital allocation for the projects, but still cannot meet the demand. The progress of site clearance is still slow. Project adjustment, bidding, investment supervision and evaluation, and construction quality management still reveal many weaknesses.

Comrade Nguyen Xuan Hai - Director of the Department of Finance said that the 2017 state budget estimate assigned by the Ministry of Finance to Nghe An is 10,587 billion VND. This is a high amount that requires great efforts from sectors and local authorities.

Next, the delegates listened to the report on the implementation of the 2016 budget revenue and expenditure estimates, the 2017 budget estimates and allocation, and the draft Resolution of the Provincial People's Council approving the state budget revenue estimates in the area, local budget expenditures and the local budget allocation plan for 2017 reported by the Department of Finance.

Comrade Hoang Thi Xuan - Director of the State Treasury said that there are currently 345 government bond capital projects managed by localities that have not yet sent documents to the State Treasury for payment.

Budget revenue in the first 10 months of the year reached VND8,562 billion, reaching 83.3% of the estimate assigned by the Provincial People's Council, up 27.3% over the same period. According to the forecast of the Tax Department and the Customs Department, the estimated budget revenue in 2016 is VND10,310 billion, reaching 100.3% of the estimate, up more than 18% over 2015.

According to Mr. Nguyen Xuan Hai - Director of the Department of Finance, the state budget revenue in the area in 2016 increased compared to 2015 but did not reach the revenue assigned by the Provincial People's Council. Some revenue items were low such as revenue from import-export activities, revenue from centrally managed state-owned enterprises, non-agricultural land use tax (due to tax exemption and reduction)...

At the meeting, delegates expressed their opinions and clarified more about the budget tasks from now until the end of the year: revenue, expenditure, settlement of construction capital, tax debt collection as well as solutions to complete the state budget estimate for 2017...

In the first 10 months of the year, Hanoi Nghe An Brewery produced 43 million liters, contributing 340 billion VND to the state budget.

Concluding this content, Chairman of the Provincial People's Committee Nguyen Xuan Duong basically agreed with the two drafts presented by the Department of Planning and Investment and the Department of Finance. From now until the end of the year, the tax sector will resolutely strengthen collection solutions; the Department of Planning and Investment will establish a unit to urge and inspect projects with slow payment and settlement.

The Chairman of the Provincial People's Committee also emphasized the need for solutions to mobilize investment capital associated with improving the quality of management and effectively using capital sources; Strictly implementing the procedures and regulations of the Law on Public Investment on issuing investment policies and outstanding debts in basic construction. Along with prioritizing capital allocation to resolve outstanding debts in basic construction, all levels and sectors must strengthen measures to prevent new outstanding debts from arising. The state budget will not be allocated to pay outstanding debts arising after December 31, 2014 according to the provisions of the Law on Public Investment.

In addition, strictly implement the conditions for capital allocation for new projects under the provisions of the Law on Public Investment; project adjustment and contract extension must comply with regulations.

Thu Huyen