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Approving the Resolution on the central budget allocation plan for 2025

Báo Nhân dânBáo Nhân dân13/11/2024

NDO - On the afternoon of November 13th, the National Assembly voted to approve the Resolution on the allocation plan for the central budget in 2025 with 432 out of 432 National Assembly deputies participating in the vote, accounting for 90.19% of the total number of National Assembly deputies.


Accordingly, the National Assembly resolved that the total central government revenue for 2025 will be 1,020,164 billion VND. The total local government revenue will be 946,675 billion VND. 60 trillion VND from the central government's accumulated funds for salary reform and 50,619 billion VND from the local government's salary reform funds remaining from 2024 will be allocated to the 2025 budget of ministries, central agencies, and localities to implement a basic salary of 2.34 million VND/month.

The resolution also states that the total central government budget expenditure is VND 1,523,264 billion, including: VND 248,786 billion for supplementing the budget balance (including a 2% increase compared to the 2024 state budget estimate and an increase of VND 917.3 billion for the Nghe An provincial budget to implement Resolution No. 137/2024/QH15 dated June 26, 2024 of the National Assembly on supplementing pilot mechanisms and specific policies for the development of Nghe An province), and targeted supplementary budget for local budgets (including an additional VND 14,434.4 billion to ensure that the budget expenditure estimate for local budgets in 2025 is not lower than the budget expenditure estimate for local budgets in 2023).

The National Assembly assigns the Government the task of collecting and spending state budget funds, allocating central budget funds to each Ministry, central agency, and each province and centrally-administered city in accordance with the provisions of the State Budget Law and the National Assembly's Resolutions, and notifying each delegation of National Assembly representatives from provinces and centrally-administered cities in writing.

At the same time, direct and guide ministries, central agencies, and centrally-administered provinces and cities to allocate state budget investment capital in a focused, targeted, and prioritized manner, adhering to the conditions and order of priority as stipulated in the Law on Public Investment, Resolutions of the National Assembly, and Resolutions of the Standing Committee of the National Assembly; fully settle outstanding debts for basic construction projects in accordance with the law; allocate capital according to the progress of nationally important projects, projects connecting and having inter-regional impacts that are significant in promoting rapid and sustainable socio-economic development, and transitional projects according to the schedule; after allocating sufficient capital for the above-mentioned tasks, the remaining capital will be allocated to new projects that have completed investment procedures according to the law.

Strengthen financial discipline and order, strictly handle cases of violations and obstacles that hinder the progress of capital allocation, implementation, and disbursement; individualize the responsibility of the head of the agency in cases of slow implementation and disbursement, linking it to the assessment of the level of completion of assigned tasks.

Through the Resolution on the central budget allocation plan for 2025 (image 1)

Voting results. (Photo: DUY LINH)

The resolution also directs the Government to instruct the People's Committees of provinces and centrally-administered cities to submit to the People's Councils at the same level for decision the estimated state budget revenue in their localities, the estimated local budget revenue and expenditure, the local budget deficit, the total borrowing amount of the local budget (including borrowing to cover the deficit and borrowing to repay principal debt), and to decide on the allocation of budget estimates according to their authority and in accordance with the provisions of the State Budget Law.

The government is responsible for the accuracy of information and data, the completeness and compliance with standards, norms, expenditure regulations, and conditions for budget allocation in accordance with the law; managing, using, and settling allocated funds in accordance with the State Budget Law and related laws; ensuring timely, effective, and purposeful implementation, preventing loss, waste, and corruption.

The Standing Committee of the National Assembly, the Finance and Budget Committee, the National Ethnic Council, other Committees of the National Assembly, National Assembly delegations, National Assembly deputies, the Vietnam Fatherland Front and its member organizations, within the scope of their duties and powers, shall supervise the implementation of the Resolution.

The State Audit Office, within the scope of its duties and powers, shall conduct audits of the implementation of the Resolution to ensure compliance with the law.



Source: https://nhandan.vn/thong-qua-nghi-quyet-ve-phuong-an-phan-bo-ngan-sach-trung-uong-nam-2025-post844673.html

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