According to the Ministry of Finance , state budget revenue in the first 9 months is estimated at 1,448.2 trillion VND, equal to 85.1% of the estimate. Expenditure in the first 9 months is estimated at 1,256.3 trillion VND, equal to 59.3% of the estimate.
Deputy Minister of Finance Nguyen Duc Chi said: Ensuring state budget revenue and expenditure is the top priority task of the Ministry of Finance. financial sector, therefore, the whole sector needs to thoroughly grasp the spirit of trying to focus on performing this task at the highest possible level, in the spirit of collecting correctly, fully and promptly.
To complete the mission state budget revenue In 2024, the last months of the year, the Ministry of Finance will continue to closely monitor the progress. Budget collection, assessment and analysis of each collection area, each collection region, each tax to forecast actual revenue, thereby promptly advising the Government on scenarios and proactive solutions in management.
In addition, the Ministry of Finance continues to resolutely and effectively implement tax management for business activities. e-commerce, Doing business on digital platforms, preventing loss of state budget revenue; completing and putting into operation an electronic information portal for households and individuals doing e-commerce business to register, declare and pay taxes.
Along with that, tax debt management and revenue loss prevention will also be strengthened. Units will focus on closely monitoring extended taxes and fees to urge taxpayers to pay fully and promptly, avoiding new debts and late payment fees; classify tax debts accurately and in accordance with the instructions in the Tax Debt Management Process to have appropriate management and collection solutions.
According to the Ministry of Finance, state budget revenue in the first 9 months is estimated at 1,448 trillion VND, equal to 85.1% of the estimate, up 17.9% over the same period in 2023.
Regarding state budget expenditure in 9 months, it is estimated to reach 1,256 trillion VND, equal to 59.3% of the estimate, up 1.4% over the same period in 2023.
The balance of the central budget and local budgets is ensured. As of September 24, 2024, VND 262 trillion of government bonds have been issued, with an average maturity of 11.15 years and an average interest rate of 2.5% per year.
Also in 9 months, state capital was divested from 5 enterprises with a total value of state capital of 145 billion VND, earning 157 billion VND.
The Inspectorate of the Ministry of Finance and specialized inspection units under the Ministry conducted 50,344 inspections and checks; examined 501,482 tax declarations at tax authorities and through anti-smuggling investigations arrested 11,555 cases; recommended financial handling of 64,300,799 million VND.
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