Waste of faith is more dangerous than waste of material and money.

(DN) - On the afternoon of June 1, continuing the 5th Session, the National Assembly discussed the approval of the 2021 state budget settlement; the work of practicing thrift and fighting waste in 2022.

The 5th session of the 15th National Assembly on June 1. Photo: QUOCHOI.VN

National Assembly deputies assessed that the backlog of documents still exists, affecting policy implementation, and proposed solutions to improve the effectiveness of document management and issuance.

Unblocking resources, creating conditions for the economy to absorb capital flows

Discussing at the meeting hall, the contents on adjusting medium-term public investment capital, the socio-economic recovery and development program and budget management received much attention from National Assembly deputies.

Delegate Nguyen Truc Son (National Assembly Delegation of Ben Tre Province) said that with the 2-year period (2022-2023) as stipulated in Resolution No. 43/2022/QH15 and the current disbursement progress, it is very difficult for localities to complete programs and projects by the end of the year, especially localities assigned capital in 2023.

Tomorrow, in the morning, the National Assembly will discuss in the hall the draft Law on amending and supplementing a number of articles of the Law on People's Public Security. In the afternoon, the National Assembly will discuss the draft Law on amending and supplementing a number of articles of the Law on Exit and Entry of Vietnamese Citizens and the Law on Entry, Exit, Transit and Residence of Foreigners in Vietnam.

Delegates recommended that for localities allocated capital in 2023, the National Assembly supports the Government's proposal to extend the implementation period to 2024-2025, and at the same time recommends flexible regulation between the two socio-economic recovery and development programs and the 2020-2025 medium-term public investment program because the implementation periods of the two programs are close together, in order to free up resources and create conditions for the economy to absorb capital flows.

Discussing this issue, delegate Nguyen Cong Long (National Assembly Delegation of Dong Nai province) said that public investment is the driving force for growth, attracting investment from the whole society.

According to the delegate, we can flexibly adjust capital sources in public investment, flexibly transfer between the central and local levels, ensuring effective and economical use of existing resources.

On that basis, delegate Nguyen Cong Long proposed that in the coming time, if there are contents related to local budgets, the Government should be assigned to regulate from the central budget or regulate the transfer between localities, creating a development effect.

Many projects cannot be put into operation, causing great damage and waste.

Basically agreeing with the report on the results of the Government's practice of thrift and anti-waste, delegate Dao Hong Van (Hung Yen Province Delegation of National Assembly Deputies) found that the new report mainly focused on synthesizing and evaluating the work of thrift and anti-waste in the public sector; while the private sector was mentioned but modestly, incompletely, and did not see the reality of difficulties and limitations as well as propose solutions to overcome them.

National Assembly Delegation of Dong Nai province at the discussion session on June 1. Photo: QUOCHOI.VN

In addition, delegates said that there are still difficulties and delays in implementing investment projects. Many projects are completing investment but cannot be put into production and business, leading to great losses for people and businesses, causing waste for society, more or less reducing the confidence of domestic and foreign investors.

Delegates expressed their views here not only worrying about material and monetary waste but more dangerously, waste of trust, for example, renewable energy projects and some other projects.

Regarding waste in the delay and debt in issuing legal documents, delegates pointed out that the situation of law-making work in issuing documents guiding the implementation of detailed regulations is still slow, with debt, and untimely policy response.

This situation has lasted for many years, through many terms. Although it has gradually improved, it has not achieved the desired results, even though both the National Assembly and the Government always prioritize institutional improvement.

Restructuring weak banks is a backlog, difficult to handle

Previously, on the morning of June 1, the National Assembly continued to discuss in the hall the additional assessment of the results of the implementation of the socio-economic development plan and the state budget in 2022; the implementation of the socio-economic development plan and the state budget in the first months of 2023.

Delegate Nguyen Cong Long, National Assembly Delegation of Dong Nai province, gave his opinion at the discussion session on June 1. Photo: QUOCHOI.VN

Explaining some issues of concern to delegates at the discussion session, Governor of the State Bank of Vietnam Nguyen Thi Hong said that in 2022, there are two reasons why interest rates will be higher.

That is, international interest rates are increasing rapidly and strongly. Domestically, average inflation is still higher than in 2021. Therefore, management cannot be subjective with inflation.

Regarding the implementation of the 2% interest rate support package, Ms. Nguyen Thi Hong said that the results are still low due to the apprehension of businesses, and credit institutions find it difficult to assess the ability to recover.

Faced with that situation, the Government submitted to the National Assembly to transfer this source (about 24 trillion VND) to reduce value added tax (VAT).

With the 120 trillion VND credit package, Governor Nguyen Thi Hong emphasized that this is a package to be implemented until 2030. The capital is mobilized by 4 state-owned commercial banks, with interest rates reduced by 1.5-2% for investors and home buyers of social housing projects, worker housing, and projects to renovate and rebuild old apartments.

The State Bank only provides guidance on interest rates applicable during the preferential period for unified implementation. The Ministry of Construction has issued guidelines and authorized localities to announce the project list.

In addition, Governor Nguyen Thi Hong emphasized that restructuring weak banks is a backlog and difficult to handle, "it is difficult in normal conditions and even more difficult in difficult conditions". The Government and the Prime Minister have resolutely directed and requested the implementation of many solutions.

Thanh Hai (synthesis)

Source link