Nghe An reduces more than 1,712 billion VND in taxes and fees in the economic recovery and development program after the Covid-19 pandemic

Panorama of the 11th Session of the 18th Nghe An Provincial People's Council. Photo: Thanh Cuong

Accordingly, in the first months of this year, especially after the Lunar New Year 2022, the Covid-19 epidemic situation in the province has been extremely complicated, with the number of infections increasing dramatically.

In that context, the Provincial People's Committee has regularly directed departments, branches and localities to closely follow the situation and practical requirements to proactively take appropriate measures to prevent and control the epidemic according to the motto of "safe and flexible adaptation, effective control of the Covid-19 epidemic"; promptly issued many documents directing drastic and synchronous epidemic prevention and control work; deployed the mobile medical station model; accelerated the vaccination progress.

Since the second quarter, the epidemic situation has been well controlled, socio-economic activities have returned to a new normal state, creating conditions for socio-economic recovery and development in the province.

Comrades: Thai Thanh Quy - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the National Assembly Delegation, Chairman of the Provincial People's Council; Nguyen Nam Dinh - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Council; Nguyen Nhu Khoi - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Council chaired the meeting. Photo: Thanh Cuong

Implementing Resolution No. 11/NQ-CP dated January 30, 2022 of the Government on the Socio-Economic Recovery and Development Program and implementing Resolution No. 43/2022/QH15 of the National Assembly on fiscal and monetary policies to support the Socio-Economic Recovery and Development Program, the Provincial People's Committee has issued a Plan No. for implementation, assigning specific tasks to each sector and locality to seriously and effectively implement policy contents under the direction of the Central Government.

Up to now, Nghe An has completed the policy to support employees and employers facing difficulties due to the Covid-19 epidemic according to Resolution No. 68/NQ-CP of the Government, accordingly, the whole province has 7,469 employers, 6,580 business households, 471,852 beneficiaries of the policy; the total implementation cost is more than 469.8 billion VND.

Leaders of the Provincial People's Committee at the 11th Session of the 18th Provincial People's Council. Photo: Thanh Cuong

Regarding the implementation of the housing rental support policy for workers according to Decision No. 08/2022/QD-TTg of the Prime Minister, as of August 31, 2022, Nghe An has completed 100% of the support policy, with 3,012 workers working at 61 enterprises in industrial parks and economic zones eligible for support approved by the Provincial People's Committee, providing support funding, with an amount of more than 4.3 billion VND.

Regarding preferential lending policies through the Vietnam Bank for Social Policies (VBSP), Nghe An has been assigned 3 phases by the VBSP with the target of 5 credit programs, with a total capital of 485.4 billion VND. By November 15, 2022, the Nghe An Provincial VBSP Branch had disbursed 4/5 credit programs to 11,029 customers, with an amount of 329.38 billion VND, reaching 98.2% of the plan. The lending program for ethnic minority and mountainous areas currently does not have an approved list of beneficiaries, so there is no basis for lending.

Provincial People's Council delegates at the 11th Session of the 18th Provincial People's Council. Photo: Thanh Cuong

Regarding the implementation of the policy of tax and fee exemption, reduction and extension, the report of Nghe An Provincial People's Committee shows that: The total value-added tax (VAT) of goods and services sold is reduced according to the VAT declaration records from February to September 2022 by about VND 1,480 billion; reducing VND 55.3 billion in environmental protection tax on aviation fuel according to Resolution No. 13/2021/UBTVQH15 of the National Assembly Standing Committee.

Nghe An has also reduced the registration fee by VND 177.6 billion for 5,520 domestically manufactured and assembled cars according to Decree No. 103/2021/ND-CP dated November 26, 2021 of the Government, stipulating the registration fee collection rate at 50% of the collection rate prescribed in Decree No. 20/2019/ND-CP dated February 21, 2019 of the Government; applied from December 1, 2021 to May 31, 2022.

Provincial People's Council delegates at the 11th Session of the 18th Provincial People's Council. Photo: Thanh Cuong

The amount of tax and land rent proposed for extension according to Decree No. 34/2022/ND-CP dated May 28, 2022 of the Government up to the end of September 2022 is about 490 billion VND.

Regarding the 2% interest rate support policy according to Decree No. 31/2022/ND-CP of the Government, as of November 15, 2022, the supported outstanding debt is 131 billion VND at 6 commercial bank branches with 12 customers (including 8 enterprises, 1 cooperative, 3 business households).

Regarding development investment spending policy, Nghe An is supported by the Socio-Economic Recovery and Development Program with a total estimated budget of VND 748 billion for 5 projects in 3 areas: Agriculture, vocational education and health. Currently, the investment policy approval for 5 projects has been completed; investment approval decisions have been issued for 2/5 projects, 3 health projects are continuing to complete project approval procedures to implement the next steps.