(HBO) – The Department of Finance of Hoa Binh province held a conference on January 15 to review financial and budgetary affairs in 2020 and launch tasks for this year.



At the conference.

In 2020, the collection for the State budget received due attention as departments, sectors, and authorities at the district and communal levels worked closely with taxation agencies in budget collection. As a result, 4.11 trillion VND (177.7 million USD) was collected for the State budget in Hoa Binh. Almost 14.1 trillion VND was collected for the local budget, 13 percent higher than the target set by the Prime Minister, 8 percent more than the target set in the resolution of the provincial People’s Council, and 8 percent higher than the previous year’s revenue.

The management of the State budget spending was also enhanced to ensure thrift and effectiveness. The province spent over 14 trillion VND from the local budget in 2020, respectively up 12 percent, 8 percent, and 8 percent from the figures targeted by the Prime Minister and the provincial People’s Council, and the previous year’s expenditure.

Aided with funding from the central budget, Hoa Binh allocated more than 300 billion VND for procuring equipment, conducting concentrated quarantine, setting up health checkpoints, and purchasing disinfectant for the COVID-19 combat.

In 2021, the financial sector looks to fulfill the assigned budget collection and spending tasks: collecting 5.07 trillion VND for the State budget and 15.5 trillion VND for the local budget, disbursing 15.45 trillion VND from the local budget, and ensuring thrifty and effective spending.

Addressing the conference, Standing Vice Chairman of the provincial People’s Committee Nguyen Van Toan noted that although natural disasters and the pandemic affected Hoa Binh’s socio-economic development in 2020, the financial sector submitted timely advice about financial and budgetary affairs to the provincial People’s Committee while keeping the State budget expenditure thrifty and effective.

To fulfill tasks for this year, he asked the Department of Finance to proactively make plans, assign duties to each individual, and build a plan for implementing the resolution of the 17th provincial Party Congress for 2020-2025.

It also needs to instruct localities ways to manage, use, and auction public land in line with regulations, increase inspections and monitoring to ensure transparency in the use of the State budget, and ready funding for COVID-19 prevention and control, he added.

On this occasion, Bui Van Khanh, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee, and 63 other cadres were rewarded with the "For the cause of Vietnam’s finance” insignia from the Ministry of Finance. The Director of the provincial Department of Finance presented merit certificates to collectives and individuals with outstanding achievements in financial and budgetary affairs in 2020./.

 


Related Topics


Ngoc Luong ready to reach finish line in advanced new-style rural area building

Ngoc Luong commune in Yen Thuy district is striving to reach the finish line in advanced new-style rural area building in 2024. By promoting the implementation of solutions, the commune has to date completed necessary criteria set for advanced new-style rural communes for the 2021 – 2025 period.

Provincial Party Committee’s Standing Board discusses some investment projects

The Hoa Binh provincial Party Committee’s Standing Board held a meeting on December 9 to look into some socio-economic development issues. The event was chaired by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee.

Luong Son district innovates administrative reforms to better serve citizens, businesses

As a gateway district adjacent to Hanoi and aiming for town status by 2025, Luong Son district has always paid attention to administrative procedure reform, focusing on cutting the number of procedures, reducing processing times, and lowering costs for citizens and businesses when carrying out administrative procedures.

Hoa Binh leader extends greetings to education officials, teachers on Vietnam Teachers’ Day

Nguyen Phi Long, alternate member of the Party Central Committee, Secretary of the Hoa Binh Party Committee, visited and extended his congratulations to the staff at the Department of Education and Training of Hoa Binh on the occasion of the 42nd Vietnam Teachers’ Day (November 20, 1982-2024).

Da River ablaze with annual fish and shrimp festival

As part of the second Da River fish and shrimp festival in Hoa Binh province, the provincial People's Committee on November 15 held a fish worship ceremony and released lanterns on Da River. 

Hoa Binh showcases “Night of Ruou Can” at Culture- Tourism Week 2024

The vibrant "Ruou Can (a kind of wine stored in a big jar and drunk with long bamboo straws) Festive Night”, was held on November 18 as part of the Hoa Binh Province Culture- Tourism Week 2024, attracting a large number of locals and visitors.