The National Assembly decided to spend more than 122,000 billion VND on cultural development in 5 years.

On November 27th, with 430 votes in favor (89.77%), the National Assembly voted to approve the "Resolution of the National Assembly on the investment policy for the National Target Program on cultural development for the period 2025 - 2035".

Accordingly, the total capital for implementing the National Target Program on Cultural Development for the period 2025-2035 is at least 122,250 billion VND.

Of this, central government budget capital accounts for 77,000 billion VND (63%), including 50,000 billion VND for development investment and 27,000 billion VND for recurrent expenditures.

Local government budget funds amount to VND 30,250 billion (accounting for 24.6%); other sources of funding are expected to be around VND 15,000 billion (accounting for 12.4%).

The National Assembly voted to approve the Resolution on the investment policy for the National Target Program on Cultural Development for the period 2025-2035. (Photo: quochoi.vn)

During the implementation process, the Government continues to balance the central budget to prioritize additional support for the Program in accordance with actual conditions and to find appropriate solutions to mobilize all legitimate sources of capital for implementation.

The National Assembly requires that central government budget funds allocated to the Program be invested in a focused, targeted, and sustainable manner, concentrating on priority areas to create breakthroughs in cultural development.

According to the National Assembly's resolution, investment should be decentralized to empower local governments at all levels.

One of the specific mechanisms and policies in implementing the Program is the investment in building Vietnamese Cultural Centers abroad.

Presenting the report explaining, receiving feedback, and revising the draft Resolution, the Chairman of the Culture and Education Committee, Nguyen Dac Vinh, stated that regarding funding, there were concerns that the proportion of other funding sources, accounting for 12.4%, was too high and lacked feasibility for disadvantaged localities.

The Standing Committee of the National Assembly explained that other sources of funding for the Program include capital from businesses, organizations, and individuals participating in the project; capital mobilized through investment attraction policies; and voluntary contributions from the people (money, in-kind contributions, labor days, etc.).

According to Mr. Nguyen Dac Vinh, the 12.4% rate is the national average. In areas with developed socio-economic conditions, especially those with developed cultural industries, the rate will be higher.

For localities with difficult socio-economic conditions, contributions from the people can be mobilized through labor and in-kind donations.

"When the Program is implemented effectively, its activities will benefit the community itself, attracting contributions from residents and businesses," the Standing Committee of the National Assembly stated.

Minh Tue

Source: https://vtcnews.vn/quoc-hoi-chot-danh-hon-122-000-ty-dong-phat-trien-van-hoa-trong-5-nam-ar909879.html