Building the Socio-Economic Development Plan, 2013 Budget Estimate and 2013 - 2015 Investment Plan

(Chinhphu.vn) –The Prime Minister has just issued Directive No.19/CT-TTgRequesting ministries, branches, localities, economic groups, and state-owned corporations to focus on developing the socio-economic development plan, the 2013 state budget estimate, and the 3-year state budget investment plan for 2013-2015.

In 2013, GDP is expected to reach about 6.5%.

In 2013, GDP is expected to reach about 6 - 6.5%.

The general objective of 2013 is to improve the quality of growth associated with economic restructuring, along with continuing to stabilize the macro economy, ensuring sustainable economic development, creating momentum for the successful implementation of the objectives of the 5-year Socio-Economic Development Plan 2011-2015. Ensuring social security and social welfare, improving people's lives. Expanding foreign relations, proactively integrating, enhancing Vietnam's position in the international arena. At the same time, maintaining independence, sovereignty, unity and territorial integrity, ensuring political security and social order and safety.

The economic development task in 2013 focuses on implementing policy solutions, first of all monetary, credit, tax, land, administrative reform, reducing hassles for businesses and investors to remove difficulties in production and business, promote growth; strive to achieve a gross domestic product (GDP) growth rate of about 6 - 6.5%.

Economic restructuring focuses on 3 areas

The task of socio-economic development in 2013 is also to promote economic restructuring, focusing initially on three important areas: investment restructuring, financial market restructuring and enterprise restructuring to create strong changes, improve the quality, efficiency and competitiveness of the economy; and increase the mobilization and effective use of investment capital sources.

In addition, it is necessary to continue to promote the restructuring of state-owned enterprises, improve the competitiveness and operational efficiency of economic groups and state-owned corporations. There must be strong, clear and transparent sanctions to effectively manage and supervise the use of capital and assets at state-owned corporations and corporations, ensuring that the state-owned enterprise sector performs its role well in the economy,...

Building brands for Vietnamese goods and some service sectors

Along with that, in 2013 it is necessary to develop industrial products with competitive advantages; focus on developing supporting industries, processing and manufacturing industries, renewable energy, electronics industry, information technology industry, biological industry and environmental industry.

Implement solutions to support and encourage the development of agricultural, forestry and fishery production, rural development associated with the development of agricultural, forestry and fishery processing industry. Encourage land concentration, promote the development of large-scale commodity production with high productivity, quality, efficiency and competitiveness. Develop livestock farming towards industrial production, ensuring food hygiene and safety...

At the same time, strongly develop service sectors with high value, great potential and advantages, high scientific and technological content, bringing high added value. Develop services such as tourism, finance, banking, insurance, securities and other business support services. Promote participation in the global distribution network; build brands for Vietnamese goods and some service sectors...

Focus on resolving people's concerns

Regarding macroeconomic stability in 2013, the Prime Minister requested to focus on key tasks such as: implementing flexible and prudent monetary policies to stabilize the macro economy, effectively support production and business, restore growth while controlling inflation and stabilizing the currency value. Having appropriate mechanisms for businesses to access capital sources, increasing credit balance at a reasonable level. Strengthening management of the banking system, foreign exchange market and gold market; continuing to restructure commercial banks and other financial institutions.

Consistently implement the policy of price management according to the market mechanism with State regulation on electricity, coal, petrol, and public service prices according to a roadmap suitable to the goal of curbing inflation, stabilizing the macro-economy, and achieving reasonable growth; ensure transparency in price management of State-priced goods to create consensus in public opinion.

Regarding the development of education and training, science and technology, culture and social security, in 2013 we must focus on gradually developing education and training towards standardization, modernization, socialization and international integration by 2020; developing science and technology in association with social life; synchronously implementing solutions to socialize investment in science and technology to reach over 2% of GDP by 2020.

In particular, in 2013, we will focus on resolving people's concerns, especially in land compensation and reclamation, and negative issues in healthcare, education, training, traffic accidents, and traffic congestion in big cities; ensuring social order and safety; strengthening crime prevention and social evils...
Continue to improve the quality of medical examination and treatment and health care for the people; reduce hospital overload, especially at the leading central hospitals. Expand the number of participants in social insurance and health insurance, especially the agricultural, forestry, fishery and salt industry groups, gradually implementing universal health insurance.

Estimated domestic revenue (excluding crude oil and land use fees) increases by at least 14-16% on average

Regarding the task of building the state budget estimate, the target is to mobilize about 22-23% of GDP from taxes and fees into the state budget in 2013. Estimated domestic revenue (excluding revenue from crude oil and land use fees) will increase by at least 14-16% on average compared to the estimated performance in 2012. Estimated balanced revenue from import-export activities will increase by at least 5-7% on average compared to the estimated performance in 2012.

Regarding the construction of the 2013 state budget expenditure estimate, the Prime Minister requested ministries, central agencies and localities to proactively identify important and key tasks to be implemented in 2013, develop specific implementation plans and prepare state budget expenditure estimates in accordance with legal regulations, ensuring thorough savings and anti-waste right from the budget estimation stage, in which it is necessary to proactively arrange priorities according to the level of urgency and implementation capability in 2013.

Only allocate capital to start new projects that are truly urgent and necessary.

The Prime Minister requested that the State budget investment plan for the 3 years 2013-2015 must be built on the basis of balancing investment goals and needs with the ability to balance development investment capital in the State budget revenue and expenditure plan for the 2013-2015 period; and the ability to balance other State capital sources.

In the context of limited state budget resources and difficulties in balancing revenue and expenditure, state budget investment is only focused on projects and works that have been allocated state budget capital and government bond capital (still lacking capital), and are being implemented in annual plans to ensure their completion and effective use.

For newly started projects, it is necessary to carefully consider allocating capital to start new projects that are truly urgent and necessary when clearly identifying the capital source and the ability to balance capital at each budget level. Do not allocate investment capital from the state budget for projects that are not subject to investment expenditure tasks according to the provisions of the State Budget Law.

According to (Chinhphu.vn) - LT