Drastic solutions to increase budget revenue

BHG - In the context that the domestic and world situation is forecast to face many difficulties and challenges, putting pressure on the economy, all levels and sectors are drastically implementing many solutions in order to complete the goal of state budget revenue in the province reaching 2,460 billion VND in 2024.

In the first months of 2024, the Ha Giang Provincial People's Committee directs departments, branches, localities, and units to strengthen state budget revenue management, review all revenue sources and tax amounts that are still extended, and exploit remaining potential revenue sources, such as:

Production and business activities at KhanhHoa Company Limited, Ha GiangCity.

Business on digital platforms, e-commerce, entertainment, dining, and tourism services; Removing difficulties in auctioning qualified houses and land; Inspecting and controlling tax declaration and tax settlement of businesses, organisations, and individuals to ensure correct, complete, and timely collection of taxes, fees, charges, and other revenues, and detect and handle tax and invoice fraud in a timely manner; Strengthening prevention and combat of trade fraud and cross-border smuggling; Stabilising prices of raw materials and essential goods for production and people's lives; Promoting equitisation and divestment of state capital in enterprises; and Urgently collecting all revenues into the state budget according to the conclusions of inspection and audit.

Furthermore, the province has been effectively and synchronously implementing the National Target Programmes andthe socio-economic recovery and development programme, accelerating investment progress in key projects and strategic infrastructure; mobilising and effectively using investment resources; and increasing disbursement of public investment capital in 2024 right from the first months of the year.

For expenditure tasks, it is necessary to perform state budget expenditures according to assigned estimates; Tighten discipline  strengthen the responsibility of leaders in management and use of finance and budget; proactively cut expenses that are not really necessary; Proactively manage state budget expenditure estimates, thoroughly save on regular expenses and reserve resources for preventing, combating, and overcoming the consequences of natural disasters and epidemics and ensuring social security and national defence and security; and Restructure state budget expenditures in a sustainable direction, gradually reducing the proportion of regular expenditures and increasing the proportion of development investment expenditures.

With many synchronous and drastic solutions, the state budget revenue and expenditure situation in the first quarter marked a positive change. State budget revenue in the area reached 624.7 billion VND, an increase of 64.61% over the same period in 2023, reaching 30.3% of the central plan assigned and 25.4% of the provincial plan.

HA AN