Prime Minister requests to reduce budget spending to increase salaries

The Prime Minister requested a 5% cut in regular expenditures, reducing meetings and overseas business trips to save resources for salary reform and social insurance.

Figures from the Ministry of Finance show that the budget has saved more than VND560,000 billion. However, the Prime Minister said that the use of the budget and public assets in the past has been wasteful, affecting the discipline and efficiency of the use of state resources. Therefore, in Directive 01 on budget savings signed today, the Prime Minister requested all levels and sectors to thoroughly save regular expenditures to reserve resources for reforming salary policies according to Resolution 27 of the Politburo and social insurance.

Accordingly, the Prime Minister requested that the regular expenditure budget from the beginning of 2024 must be cut and saved by 5%. Expenditures for organizing conferences, seminars, festivals, and overseas trips must also be cut.

"Regular expenditure must be saved from the time of determining tasks, making estimates to allocating, managing and using the budget. New policies and projects should only be submitted for promulgation when really necessary and with guaranteed resources," the Prime Minister's directive stated.

Government leaders requested to reduce the proportion of regular expenditure to 60% of total budget expenditure. In addition to saving resources for social security, the savings will be spent on development investment, debt repayment, and reducing budget deficit.

From July 1, 2024, civil servants nationwide will be paid according to their job position, title and title. There are 861 civil servant positions, including 137 leadership and management positions; 665 specialized civil servants; 37 shared specialized civil servants; and 22 support and service positions.

In today's directive, the Prime Minister assigned the Ministry of Finance to study and amend the 2013 Law on Practicing Thrift and Combating Wastefulness, the State Budget Law, and documents on the 2021-2025 public debt borrowing and repayment plan. The Ministry is also responsible for completing regulations on budget expenditures, the autonomy mechanism of public service units, and the management and use of public assets.

The Ministry of Finance submits to competent authorities for decision on annual budget expenditure estimates and plans to compensate for revenue reductions for localities according to the central budget's ability to balance. However, the Prime Minister noted that funds that have expired and spending tasks cannot be transferred to the following year. Similarly, advances that have lasted for many years need to be reviewed and recovered.

At the same time, public service units must reorganize their apparatus, streamline their staff, have plans to increase financial autonomy, and attract external resources to provide public services to reduce pressure on the budget. Units must review and reorganize public assets, handle assets that are no longer needed, and recover assets that are used for the wrong purposes. The Prime Minister requested strict handling of violations in budget management and use.

Phuong Dung

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