On August 23, the Standing Committee of the Ha Long City Party Committee held a conference to listen to and give opinions on the results of state budget revenue and expenditure in the first 8 months of 2024. Comrade Vu Quyet Tien, member of the Standing Committee of the Provincial Party Committee, Secretary of the Ha Long City Party Committee chaired the conference.
As of August 21, the total domestic revenue assigned by the province to the city reached over VND 3,761 billion (equal to 42% of the estimate assigned by the province and 136% compared to the same period in 2023), including: Land use fee collection reached VND 620 billion (13% of the estimate assigned by the province and 65% compared to the same period in 2023); revenue from taxes, fees, charges and other revenues reached over VND 3,150 billion (73% of the plan and 174% compared to the same period in 2023). Thus, the current tax, fee and other revenue collection has completed the 9-month scenario of VND 2,842 billion (exceeding about VND 310 billion compared to the collection scenario from the beginning of the year). The reason for the high revenue from taxes, fees, charges and other revenues is that up to 10/12 basic targets have met and exceeded the average collection progress. Notable as: Revenue from central state-owned enterprises; revenue from local state-owned enterprises; personal income tax; registration fee; fees and charges; mineral exploitation rights...
However, domestic revenue in general still does not ensure progress due to a 22% shortage and mainly a shortfall in revenue from land use fees.
Regarding the progress of public investment disbursement, the city has currently disbursed about 618 billion VND (equal to 20% of the total plan).
At the conference, delegates reviewed, analyzed and clarified the causes of the shortfall in land use fees; the core causes and main impacts on the progress of public investment projects that have not met the set plan. At the same time, they contributed more opinions on the tasks and solutions for managing revenue, expenditure, and disbursement of public investment capital in the last months of the year.
In directing this content, Comrade Vu Quyet Tien, Secretary of the Ha Long City Party Committee, emphasized that the city's domestic budget revenue accounts for 50% of the province's total domestic revenue. The above results show that the pressure to complete budget collection and disburse public investment in the last months of the year is extremely heavy, requiring the participation of the entire political system with high concentration in direction and administration. Therefore, relevant units need to closely follow the progress of project implementation according to plan; focus on collecting revenues with good progress; review arising revenue sources; promote digital transformation in budget collection; expand the collection base and prevent tax losses, especially for food and beverage services, restaurants, e-commerce, etc. For regular expenditures, it is necessary to assess the level of completion compared to the allocated budget in 2024 to propose increasing or reducing really necessary expenditures, not leaving the budget unfinished.
Regarding development investment expenditure and public investment disbursement, it is necessary to accelerate the completion of investment procedures, bidding, strive to start all public investment projects and works that have been allocated capital; closely coordinate with the provincial authorities in developing land auction plans, site clearance, and approving zoning plans; assess the disbursement capacity of each project. At the same time, focus on accelerating the investment preparation progress of projects approved by the City People's Council in investment policy, and have supplemented the Medium-term Public Investment Plan for the period 2021-2025 with the city budget as a basis for capital allocation at the next session of the City People's Council.
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