Nghe An budget revenue reaches over 17,000 billion VND

Comrade Dinh Tien Dung - Member of the Party Central Committee, Minister of Finance chaired.

ComradeLe Hong Vinh- Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee chaired at Nghe An bridge point.

Delegates attend the online conference of the Finance sector at Nghe An bridge. Photo: PV

55/63 provinces completed the plan

According to the General Department of Taxation, in 2020, the national budget revenue reached 1,261,662 billion VND. On December 31, the entire tax sector still had to urge large revenues to reach another 7,000 billion VND and estimated that in 2020, the budget revenue would reach 101% of the state estimate. The revenue in 2020 was assessed to have reached a spectacular finish with outstanding efforts and the context of the severe impact of the Covid-19 pandemic. 55/63 provinces completed the budget collection plan.

At the conference, major cities such as Hanoi, Ho Chi Minh City, Hai Phong... reported on budget collection and proposed solutions for the coming year. Most opinions assessed that 2020 was a very difficult year but demonstrated great efforts by the entire Party, the entire people, and the efforts of localities and the tax sector.

Nghe An province implemented the 2020 socio-economic development plan in the context of facing many difficulties and challenges but still achieved positive results such as the product growth rate estimated at 4.45%, the state budget revenue reached more than 17,000 billion VND, exceeding the estimate assigned by the Provincial People's Council. The province also performed well the task of preventing and fighting the Covid-19 epidemic, as well as promptly supporting businesses and people in difficulty.

Review of the 2020 budget work shows: In the context of the epidemicCovid - 19affecting all production and business activities, but thanks to the timely and flexible direction of the People's Committee of Nghe An province, the state budget revenue in the area in 2020 exceeded the adjusted estimate of the Provincial People's Council and increased compared to the same period in 2019. However, there are still some revenue items in domestic revenue that have not reached the adjusted estimate of the Provincial People's Council. Budget expenditures meet the important tasks of 2020.

Textiles are a strength of Nghe An. Photo: Document

In 2020, manage state budget expenditures according to revenue progress, ensure expenditure sources for important expenditure tasks such as ensuring salaries, allowances and social security policies; ensure progress of expenditure sources for construction investment and target programs; meet funding for implementing a number of urgent expenditure tasks in the year...

Continue to implement dual goals

Speaking at the conference, Minister Dinh Tien Dung assessed that the task achieved comprehensive results. Under the leadership of the Party, Government, and local sectors, Vietnam has both prevented the epidemic and stabilized the economy and ensured national security. Budget revenue has reached 98% of the estimate, an increase of VND 158,000 billion compared to the National Assembly's report. 55/63 provinces and cities achieved the 2020 budget revenue plan, contributing to putting Vietnam's growth among the top in the world.

Nghi Thiet Cement Mixing Station. Photo: Viet Phuong

In 2021, continue to well implement the Prime Minister's direction on budget revenue and expenditure tasks, achieve the dual goal of both disease prevention and socio-economic stabilization, and meet important expenditure tasks.

Local authorities and Party committees have focused on performing their tasks well from the first day and month of the year, anticipating the difficulties of 2021, continuing to remove difficulties for businesses and producers, recommending to the Prime Minister to extend tax and fee payments, continuing to support people and businesses, and implementing savings.

PV