(HNMO) - On the afternoon of June 1, discussing at the plenary session of the fifth session of the 6th National Assembly, delegate Pham Thi Thanh Mai, deputy head of the Hanoi National Assembly delegation, said that it is necessary to review the budget settlement to draw lessons from experience, especially about the backlog issues that have lasted for many years.
Under the direction of Vice Chairman of the National Assembly Nguyen Duc Hai, the National Assembly continued to discuss in the hall 4 issues, including: Approving the final settlement of the state budget in 2021; The practice of thrift and anti-waste in 2022; The continued implementation of the policy of reducing value-added tax of 2% according to Resolution No. 43/2022/QH15 dated January 11, 1; Regarding the assignment of lists and capital levels for tasks and projects under the Socio-Economic Development and Recovery Program; assigned, adjusted and supplemented the medium-term public investment plan with central budget capital for the period 2022-2021 and allocated the central budget investment plan in 2025 of the national target program.
Participating in the meeting, delegate Pham Thi Thanh Mai, deputy head of the Hanoi National Assembly delegation, said that it is necessary to review the budget settlement to draw lessons from experience, especially about the backlog issues that have lasted for many years.
The delegate said that in 2021, under epidemic conditions, the state budget finalization increased by 17,2% of the estimate, spending increased by 0,4% of the estimate, although there are analysis and assessment of the causes in making the estimate are not close, affecting the operating process. However, to achieve this result also needs a lot of efforts of ministries, departments and agencies from central to local levels, the companionship of both the political system and the business community.
However, when considering the Government's report, there are still some unresolved issues, still at a relatively serious level. In particular, some contents of estimate delivery are still slow, supplementing and adjusting capital many times, investment preparation, ensuring proper investment procedures as prescribed by law have not been fully implemented, generating large outstanding debts for capital construction...
Delegates proposed to carefully review the data of capital construction arrears, analyze the causes that give rise to a large amount of capital construction arrears, have a plan for handling as well as clarify the responsibilities of agencies, units and localities when violating prohibited acts in the Law on Public Investment.
Discussing the continued implementation of the 2% value-added tax reduction policy under Resolution No. 43/2022/QH15 dated January 11, 1, delegate Vu Tien Loc (Hanoi delegation) said that Vietnamese businesses are facing many difficulties, behind the business community are employees, families, and people in general. The number of businesses withdrawing from the market is only the tip of the iceberg, and operating businesses also face piling up difficulties. This is the sinking part of the iceberg, which needs to be taken care of and removed.
Delegates said that the biggest difficulty of businesses is the market, the difficult market leads to increased inventories, lack of liquidity, high debt, causing a large chain impact. To support people and businesses, it is necessary to use an important measure that is to reduce taxes and promote market development.
Delegates said that the world market is facing difficulties, so the impact on the export market also faces many challenges, and measures to promote trade, investment and market expansion will not have much effect. The market we can influence is the domestic market. In recent months, although the market has increased the total retail sales of goods and services, however, it is still in a declining trend. Stimulating the domestic market is an important solution. Reducing value-added tax will both help "relieve people's health", make consumers less difficult, and at the same time have an immediate impact on the market of businesses.
Regarding the state budget, delegates said that there are favorable conditions to implement this policy, even on a broader scale. Appreciating the Ministry of Finance and the State Bank of Vietnam in the management over the past time, delegates said that there is still a lot of room for financial policy so far, so it is necessary to expand monetary policy to support the economy in the coming time.
