Strictly handle violations and obstructions that slow down the progress of capital delivery, implementation and disbursement.

The electronic voting results showed that 444 delegates voted in favor (accounting for 89.88%). Thus, with the majority of delegates voting in favor, the National Assembly officially passed the Resolution on the central budget allocation plan for 2024.

Budget allocation ensures concentration, focus and key points

Accordingly, the National Assembly assigned the Government to assign the tasks of state budget collection and expenditure and the central budget allocation level to each ministry, central agency and each province and centrally run city in accordance with the provisions of the State Budget Law, the Resolution of the National Assembly and notify in writing to each National Assembly Delegation of the province and centrally run city.

The Government directs and guides ministries, central agencies and provinces and centrally run cities to allocate state budget investment capital in a concentrated, focused and key manner, in compliance with conditions and priority order as prescribed by the Law on Public Investment, Resolutions of the National Assembly, Resolutions of the National Assembly Standing Committee; fully pay off outstanding debts for basic construction in accordance with the provisions of law; recover all remaining advanced capital that must be recovered in the Medium-term Public Investment Plan for the period 2021 - 2025; allocate sufficient capital for projects that have been completed and handed over for use before 2024, counterpart capital for ODA projects and foreign preferential loans, state budget capital participating in PPP projects, investment preparation tasks, planning tasks, and transitional projects that must be completed in 2024; Allocate capital according to progress for important national projects, connecting projects, projects with inter-regional impacts that are meaningful in promoting rapid and sustainable socio -economic development; after allocating sufficient capital for the above tasks, the remaining capital is allocated for newly started projects that have completed investment procedures according to legal regulations.

Strictly handle violations that slow down the implementation of the project and prevent capital loss 1 — National Assembly leaders participate in voting.

Tighten financial discipline and strictly handle violations.

The Government needs to tighten financial discipline, strictly handle violations, and obstruct the progress of capital allocation, implementation, and disbursement; individualize the responsibility of the head in case of slow implementation and disbursement, and evaluate the level of completion of assigned tasks.

In addition, the Government directs the People's Committees of provinces and centrally run cities to submit to the People's Councils of the same level for decision on the state budget revenue estimates in the locality, local budget revenue and expenditure estimates, local budget deficit, total borrowing of the local budget (including borrowing to offset deficit and borrowing to repay principal), and decide on the allocation of budget estimates according to their authority, in accordance with the provisions of the State Budget Law.

Environmental protection tax on gasoline and oil products shall be divided between the central budget and local budgets according to the provisions of the State Budget Law for 2024 and 2025 on the basis of the volume of gasoline and oil produced and sold domestically compared to the total volume of gasoline and oil consumed in the market, specifically: 60% shall be divided between the central budget and local budgets, the remaining 40% shall be 100% regulated to the central budget.

Strictly handle violations that slow down the implementation of the project and prevent capital loss 2. — Delegates participating in voting.

The Government shall specify the collection, payment, exemption, management and use of road use fees collected through the vehicle fleet nationwide, including roads under central management and roads under local management. Continue to collect 100% of this revenue in 2024 and 2025 for the central budget and allocate 65% of the revenue to the central budget and allocate a targeted additional central budget estimate to the local budget, equivalent to 35% of the revenue, to carry out road management and maintenance work.

At the same time, the Government shall allocate a budget for the Ministry of Public Security equivalent to 85% of the revenue from administrative fines for traffic safety violations that the central budget will enjoy in 2022 (the budget for the task of modernizing facilities, equipment and means of the traffic police force shall be implemented according to the provisions of Clause 10 of this Article) and supplement the remaining revenue to localities equivalent to 15% of the remaining revenue to serve the work of other local forces participating in ensuring traffic order and safety.

Prioritize investment in education - training and health care

The Government uses revenue from lottery activities for development investment; in which, priority is given to investment in the fields of education - training and vocational education (including purchasing teaching equipment for the program of renewing general education textbooks), and the health sector; the remaining amount is prioritized for implementation of other important and urgent development investment tasks that are subject to investment from the local budget.

Strictly handle violations that slow down the implementation of the project and prevent capital loss. — Overview of the meeting.

Localities, based on actual conditions and balancing capacity, shall allocate the central budget to support compensation for local budget balance expenditures in 2024, ensuring that it is not lower than in 2023, to carry out local budget balance expenditure tasks. Regarding the increase in local budget revenue in 2024 compared to the 2024 estimate (if any), after allocating resources for salary reform as prescribed, localities shall allocate according to the provisions of Clause 2, Article 59 of the 2015 State Budget Law.

Use the budget allocated from savings to support regular activities in the field of state administrative management and support public service units of the local budget, according to the principle: 50% to supplement the source of salary reform according to regulations; the remaining 50% to prioritize payment of social security policies issued by the locality and increase spending on the task of strengthening the material facilities of the corresponding field. The decision on spending for each content is decided by the locality according to the authority prescribed in the State Budget Law.

Assign the budget for additional charter capital to the Bank for Agriculture and Rural Development. Review and accurately calculate the amount of compensation funds in the product consumption of the Nghi Son Refinery and Petrochemical Project (including the outstanding funds in the period 2018-2023 and the funds arising in 2024) in accordance with regulations, and the data must be determined by the State Audit before submitting to the National Assembly for consideration and decision; in urgent cases, during the period between two National Assembly sessions, report to the National Assembly Standing Committee for consideration, decision and report to the National Assembly at the nearest session.

Source