Hai Duong should continue taking synchronous measures to increase budget revenues

THURSDAY, 21/12/2017 14:38:21

Mr. Dinh Tien Dung, Member of the Central Party Committee, Finance Minister, on December 20 morning worked with leaders of Hai Duong province on State budget revenues and expenses in 2017.

Finance Minister Dinh Tien Dung works with leaders of Hai Duong province. Photo: Hoang Phuong

Mr. Nguyen Manh Hien, Member of the Central Party Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council; Mr. Nguyen Duong Thai, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People’s Committee, Head of the Provincial Delegation of National Assembly Deputies; and leaders of relevant departments, boards, and sectors worked with the minister.

Speaking at the meeting, Mr. Nguyen Manh Hien affirmed that over the past time, Hai Duong provincial authorities had exerted many efforts in collection for the State budget.

The provincial authorities proactively balanced revenues to meet minimum spending needs of the locality, well implemented social security policies, and did not let stagnancy of salary payment happen.

Hai Duong started balancing revenues and expenditures by itself in 2017; hence, the provincial authorities directed the tax sector to actively exploit revenues in other areas to cover a shortage of budget revenue from Ford Vietnam Co., Ltd. However, since the deficit was too large, the Ministry of Finance was requested to consider offsetting the deficit for the province.

The ministry was asked to continue to pay attention and fund urgent projects affecting the provincial socio-economic development.

Addressing the meeting, Finance Minister Dinh Tien Dung said though this was the first year Hai Duong had balanced revenues and expenditures, the provincial authorities promptly overcome difficulties and took measures to ensure revenue sources.

The provincial authorities were asked to continue to focus on measures to increase revenues and strengthen the management of enterprises contributing great amounts of revenues from then to the end of the year.

In addition, the provincial authorities should continue to efficiently carry out the project against losses of State budget revenues; proactively inspect and detect tax frauds for proper, sufficient, and timely collection for the State budget; strictly manage the refund of value-added taxes; etc.

Regarding Hai Duong's task of collection for and spending of the State budget in 2018, the minister suggested that the provincial authorities continue to overcome difficulties, efficiently take budget revenue measures, and well control spending sources to prevent budget overspending.

Minister Dinh Tien Dung asked relevant bodies of the ministry to absorb suggestions of Hai Duong and pay attention to assisting the locality in fulfilling its task of collection for the budget in 2018.



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