(PLO)- Ho Chi Minh City continues to save money on public purchases, business trips, using public cars, organizing conferences, seminars, research, surveys… to increase development investment spending.
The People’s Committee of Ho Chi Minh City has just reported on the results of the mid-term implementation of the “Project on adjusting the budget regulation rate for the city in the period of 2022 – 2025, with a vision to 2026 – 2030”.
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Ho Chi Minh City saves recurrent expenditures to increase development investment spending. Photo: NGUYEN TIEN |
According to the City People’s Committee, in the period of 2021 – 2023, from 2022, the rate of revenue sharing for the city budget will increase by 3% (from 18% in the period 2017 – 2021 to 21% in the period 2022 – 2025).
This result has contributed to creating conditions for the city to have resources for socio-economic development, focusing on strategic breakthrough tasks, prioritizing investment in infrastructure development, especially key projects. .
It is expected that the total development investment expenditure in the 2021-2023 period is more than 128,100 billion VND, reaching over 100% of the estimate, an increase of more than 84% compared to the period 2016 – 2018 and accounting for 40% of the total budget expenditure. orientations to restructure budget expenditure in the direction of gradually increasing the proportion of development investment spending in the total local budget balance (average proportion in the period 2016 – 2018 is 38%).
Regarding the task of budget management, the People’s Committee of Ho Chi Minh City will continue to strengthen the management of budget revenue, ensuring correct, sufficient and timely collection of revenue sources into the state budget.
In order to effectively use local budget revenues in general and revenue from increasing the budget regulation rate in particular, the city continues to direct the implementation of solutions to increase mobilization, allocation and effective use of resources. resources for investment and development.
The city also focused on disbursing public investment capital, determined to complete the public investment plan, and accelerate the implementation of key projects. Direct the review, synthesis, classification and development of plans and roadmaps to have a plan to deal with existing difficulties and problems, especially important national projects, key projects and projects. projects using ODA and concessional loans from foreign donors, behind schedule.
Notably, Ho Chi Minh City ensures that the state budget expenditure is economical, efficient and in accordance with the estimate assigned by the Ministry of Finance.
In particular, thoroughly focus on saving regular expenses, especially spending on public procurement, business trips, using public cars, organizing conferences and seminars, saving electricity and petrol… to reserve resources to increase investment and development spending and other urgent tasks. Review and arrange off-budget state financial funds in accordance with the provisions of law and resolutions of the National Assembly.
In the coming time, the City People’s Committee will participate in the editorial team to develop the project “Renovation of the mechanism of decentralization of management and state budget allocation to ensure the leading role of the central budget and the initiative of the central budget.” local books, relevant agencies and units”.
Ho Chi Minh City proposes to increase the validity period of the new pilot resolution
(PLO)- The People’s Committee of Ho Chi Minh City proposed the National Assembly to amend the implementation time of the Resolution on piloting a number of specific mechanisms and policies for the development of Ho Chi Minh City until 2030 or in the direction of not stipulating a “hard” time. term is 5 years.
LE THANH
