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The total loan amount is 608.569 billion dong
On the afternoon of November 12, with the agreement of the majority of the delegates, the National Assembly approved a draft resolution on the state budget estimates for 2021.
The resolution was approved by the National Assembly with a total revenue from the state budget of 1,343,330 billion VND; the total expenditure of the state budget is 1,687,000 billion dong; State budget deficit 343.670 billion VND; The total loan from the state budget is 608.569 billion dong.
The resolution also adjusts and complements the state budget estimate for 2020. On that basis, the National Assembly has decided to increase the central budget deficit to VND 133.5 billion to guarantee the 2020 development investment expenditure estimate. The National Assembly assigned the Government to strive to increase revenues and fully save expenses in order to reduce the state budget deficit; mobilize loans to compensate for overspending in accordance with the revenue schedule and planned disbursement of the central budget in 2020.
The resolution also decides that in 2020, no adjustments will be made to the base salary, pension, social security benefits, monthly benefits (those covered by the state budget) and preferential subsidies. with meritorious services to the revolution. Concentrate resources to prevent and combat the COVID-19 epidemic, overcome the consequences of natural disasters, implement the social security policies issued, guarantee national defense, security and foreign affairs.
In the event that the local budget revenue balance decreases compared to the estimates assigned by the competent authorities, the localities should proactively use legal resources, including the residual salary reform until the end of 2020 for spending on prevention and control of the COVID-19 epidemic, disaster recovery, social security policies issued by the competent authorities.
In cases where there is a balance deficit, it is necessary to review and reduce unnecessary spending tasks in accordance with the regulations; At the same time, the locality is allowed to reduce the source of wage reform corresponding to 50% of the local budget deficit.
The lack of resources will be supplemented by the central budget
Regarding the state budget-financing in 2021, the National Assembly assigns the Government a strict fiscal policy; coordinated coordination with monetary policy to stabilize the macroeconomy, support production and business development, restore economic growth, and control inflation; tighten discipline and discipline, strengthen the responsibility of the chief in the management and use of finances and the state budget.
Continue to focus on dramatically directing the management of state budget revenues; combat tax loss, price transfer, tax evasion; reduce the tax debt rate; expand the deployment of electronic invoices; reform and modernization of the system of tax agencies, customs and state treasuries; Strictly comply with auction regulations when selling, transferring, leasing public property, assigning land or leasing land in accordance with the law on administration and use of public property, the land law; accelerate the equitization and divestment of state capital in companies according to the approved scheme.
In 2021, there is still no adjustment to the base salary or the poverty line. The ministries, central and local agencies continue to implement the current regulations on the generation of sources of wage reform. In which, some income will be excluded as prescribed in the National Assembly Resolution when calculating the increase in local budget income made in 2020 and the 2021 estimate for salary reform. At the same time, exclude additional fees for wastewater environmental protection.
For localities that have committed to meeting the need for wage reforms and social security policies by the end of 2020, in the event that the 2021 budget lacks resources, the central budget will target specific additions to implement wage policies and policies. of social security in accordance with the prescribed regimes.
The provinces that regulate the central budget, if they determine to ensure financing for the wage reform and the implementation of social security policies for the entire roadmap to 2025, do not request the central budget. support, you are allowed to report to the Prime Minister for his consideration and decision on the use of the remaining salary source to invest in investment and development projects.
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