Vinh City's budget revenue in the first 9 months of the year is estimated at 1,926 billion VND.
(Baonghean.vn) - According to Vinh city's report, in the first 9 months of the year, the city's budget revenue is estimated at 1,926 billion VND, reaching 92.9% of the plan assigned by the province.
The above budget revenue only reached 59.7% of the city's plan in 2022, down 1.9% over the same period, of which: Regular revenue: 959.55 billion VND, reaching 93.6% of the province's plan, 89.3% of the city's plan, up 12.8% over the same period. Revenue from land use rights: 967.15 billion VND, reaching 92.1% of the province's plan, equal to 45% of the city's plan and down 13.2% over the same period. One reason for the decrease in the city's budget revenue is that the real estate market has slowed down, waiting for new developments, which has greatly affected the revenue.
Total budget expenditure for 9 months is estimated at 1,156.6 billion VND, reaching 71.2% of the plan assigned by the province.
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The sluggish real estate market affects the city's budget revenue. Photo: Van Hai |
The city leader said: Over the past 9 months, the city has focused on supporting production and business, removing difficulties and obstacles for businesses. Focusing on directing the acceleration of construction progress and disbursement of public investment capital. The city has completed 75/112 unfinished projects in the 2022 public investment plan. The city's disbursement of capital is expected to reach VND 460.0 billion/VND 1,610.7 billion, reaching 28.6%.
The city also proposed to adjust the 2022 Public Investment Plan from the central and provincial budgets, with the provincial disbursement expected to reach 17.8 billion VND of the adjusted plan, reaching 20.3%. In addition, completing anti-flooding works: Thi School, the area north of Nguyen Thai Hoc Street, and the canal to connect technical infrastructure.Ancient Citadel,... Completed budget settlement approval for 130/130 units.
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Vinh City is expanding its administrative boundaries. Photo courtesy of Nghe An Newspaper. |
In the remaining 3 months of 2022, Vinh City will focus on recovering and promoting economic development, focusing on developing the night-time economy. Continue to direct the synchronous, effective and more drastic implementation of Plan No. 18 dated January 13, 2022 of the City People's Committee on supporting and activating Vinh City's economic development in the new situation.
Strengthening solutions for budget collection, preventing revenue loss, and collecting arrears; managing budget expenditures tightly, economically, effectively, with focus and key points. Speeding up the progress of land exploitation according to plan; developing a public investment plan for 2023./.
