Finalizing additional funding of more than 53,000 billion VND for localities to ensure implementation of basic salary level

The National Assembly approved an additional 53,000 billion VND for localities to implement the basic salary. Photo: Pham Thang.

On the afternoon of November 14, with 420/420 delegates participating in the vote in favor, the National Assembly passed the Resolution on the central budget allocation plan for 2026.

The resolution clearly states that the total central budget revenue is over 1.2 million billion VND. The total central budget expenditure is over 1.8 million billion VND. Of which, the estimate is over 238,000 billion VND to supplement the local budget balance, over 53,000 billion VND to supplement localities to ensure the implementation of the basic salary level of 2.34 million VND/month, over 187,000 billion VND to supplement the local budget target.

Regarding the allocation of the central budget in 2026, the Resolution clearly states that the period of stabilizing the state budget for the period 2022 - 2025 will be extended to 2026, and revenues will be divided between the central and local levels, including revenues from granting water resource exploitation rights and environmental protection taxes on gasoline and oil products as in 2025; and land use fees and land rents will be collected in accordance with the provisions of the State Budget Law in 2025.

Continue to implement the principle of support from the central budget for local budgets to implement social security policies issued by the central government for the period 2022 - 2025 according to the Prime Minister 's decision, in which localities receive additional balance from the central budget, and localities have a rate of regulating revenue allocation to the central budget determined on the basis of the 2025 budget estimate after the arrangement of provincial-level administrative units.

Increase the additional balance by 3% compared to the 2025 budget estimate so that localities have more resources to meet important spending tasks arising during the extended year of the budget stabilization period.

Set aside 15,000 billion VND in reserves to ensure national financial safety and security in case of socio -economic fluctuations and state budget revenue does not meet estimates; assign the Government to proactively manage to limit impacts on budgeted tasks and ensure financial safety.

In case the state budget revenue reaches and exceeds the plan, the allocation and use shall comply with the provisions of the State Budget Law.

Arrange regular expenditure estimates for economic activities of more than VND 6,400 billion, equivalent to 85% of the revenue from administrative fines for road traffic safety and order that has been paid to the state budget in 2024 to the Ministry of Public Security; more than VND 1,100 billion, equivalent to 15% of targeted supplement to the local budget to support the implementation of the task of ensuring traffic safety and order in localities.

The revenue from road use fees collected through automobile vehicles (after deducting collection costs) is 100% paid to the central budget and the targeted supplement from the central budget to the local budget is more than 10,400 billion VND.

Allocate 10,000 billion VND for regular expenditure to implement National Target Programs, ensuring effectiveness, efficiency, feasibility, and no duplication between National Target Programs, and no duplication with other programs, projects, regimes, policies, and expenditure tasks; consistent with implementation progress, disbursement capacity, and state budget balance.

Arrange to ensure a minimum of 3% of total state budget expenditure for science, technology, innovation and digital transformation and allocation plan for each ministry, central agency and locality.

The Resolution assigns the Government responsibility for the accuracy of information, data, completeness, compliance with standards, norms, spending regimes and conditions for budget allocation in accordance with legal provisions.

Manage, use and settle allocated funds in accordance with the provisions of the State Budget Law and relevant laws; ensure timely, effective and appropriate implementation, and avoid loss, waste and negativity.

Source: https://laodong.vn/thoi-su/chot-bo-sung-hon-53000-ti-dong-cho-dia-phuong-bao-dam-thuc-hien-muc-luong-co-so-1609016.ldo