Promoting the effectiveness of budget capital
(Baonghean.vn) - At the conference reviewing the first 6 months of the Ministry of Finance, Deputy Prime Minister Vuong Dinh Hue requested the Finance sector to proactively respond to emerging situations; strengthen capital management and use; and ensure budget balance.
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| Comrade Le Xuan Dai - Member of the Provincial Party Committee, Permanent Vice Chairman of the Provincial People's Committee chaired the bridge point in Nghe An. Photo: Nguyen Son |
| On the morning of July 5, the Ministry of Finance held an "Online conference to review the financial and budgetary work in the first 6 months of the year and deploy tasks for the last 6 months of the year". Deputy Prime Minister Vuong Dinh Hue attended the conference. In Nghe An, comrade Le Xuan Dai - Member of the Provincial Party Committee, Permanent Vice Chairman of the Provincial People's Committee chaired the bridge, with leaders of the following sectors participating: Finance, Tax Department, Customs, State Treasury, and State Reserve Department of Nghe Tinh region. |
The Government, ministries, branches and localities have strengthened the management and operation of the State budget revenue and expenditure in the first 6 months of the year; ensuring thrift, strictness and efficiency, meeting the requirements of budget-using units, national defense and security tasks, operations of the State apparatus and social security work.
By the end of June 2017, total national budget revenue reached over 563 trillion VND; total state budget expenditure reached over 582 trillion VND.
In Nghe An, budget revenue in the first 6 months of the year is estimated at 5,634 billion VND; of which domestic revenue is 4,964 billion VND, revenue from import-export activities is 670 billion VND; Budget expenditure is estimated at 10,278 billion VND (reaching 48.6% of the estimate). The province is implementing many solutions to promote socio-economic development, increase revenue, strictly control investment expenditure, and ensure high efficiency.
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| Song Hieu Bridge, Chau Hoi Commune (Quy Chau) was put into use from the budget investment source. Illustration photo: Cong Kien |
To carry out the tasks for the last 6 months of the year, the Ministry of Finance continues to focus on perfecting institutions; promoting administrative reforms, contributing to improving the business environment, strengthening management, strictly controlling public debt within the allowable limit; implementing strict fiscal policies, practicing thrift, completing the tasks of revenue and expenditure of the State budget in 2017.
Speaking at the conference, Deputy Prime Minister Vuong Dinh Hue requested the Finance sector to proactively develop a roadmap and plans to respond to emerging situations; strengthen capital management and use; have plans to ensure budget balance, meet planned and unexpected requirements, and contribute to accelerating the economic restructuring process.
Along with that, strengthen control of the market and prices, promote economic restructuring associated with transforming the growth model. The Deputy Prime Minister also requested that localities actively shift economic development; promote disbursement of public investment capital on the basis of good management of budget expenditures, and promote growth.
Nguyen Son
