Ha Tinh flexibly manages and ensures balance of revenue and expenditure of the budget.

In 2023, financial agencies in Ha Tinh have implemented flexible fiscal policies to ensure balance of revenue and expenditure in difficult conditions, contributing to the successful implementation of socio-economic development goals and financial strategies set out in the new year.

Total budget revenue is estimated at 18,100 billion VND

Going through 2023, Ha Tinh has achieved a comprehensive victory in the field of domestic budget collection. While many localities nationwide have failed to fulfill the budget collection targets assigned by the Ministry of Finance , Ha Tinh has strived to rise to the top.

Construction of the North-South Expressway through Ha Tinh contributes to increasing local budget revenue in 2023

With estimated domestic budget revenue of VND 9,000 billion, Ha Tinh has completed 138% of the estimate assigned by the Ministry of Finance (VND 6,519 billion), completed 112.5% of the estimate assigned by the Provincial People's Council (VND 8,000 billion) and increased by 5.4% compared to 2022 (in 2022, it reached VND 8,536 billion). Of which, local budget levels enjoyed about VND 7,572 billion, an increase of 25% compared to the estimate assigned by the Central Government and an increase of 1% compared to the estimate assigned by the Provincial People's Council.

Mr. Truong Quang Long - Director of the Provincial Tax Department said: "2023 is an extremely difficult year in budget collection. However, with the strong leadership and direction of the Provincial Party Committee, People's Council, and Provincial People's Committee, the entire political system has joined forces with the tax sector to carry out the task. Thanks to that, domestic budget collection has achieved high results, exceeding the assigned estimate."

Ha Tinh flexibly manages and ensures balance of revenue and expenditure of the budget.

Ha Tinh customs officers supervise goods clearance through Vung Ang port in the last days of the year.

In the field of import and export tax, although it did not complete the budget assigned at the beginning of the year (VND 10,968 billion), Ha Tinh still promptly "reached the finish line" of the budget adjusted by the Central Government. In the last days of the year, Ha Tinh Customs Department made efforts to facilitate customs clearance for businesses through road border gates and seaports. The bustling customs clearance of goods in the days before Tet "brought in" more import and export tax revenue for the locality.

Mr. Bui Thanh San - Director of Ha Tinh Customs Department said: "In the final stage, we update the revenue every day, every hour to promptly collect the correct and sufficient amount for the State budget. In parallel with creating maximum convenience for import and export activities, the unit also focuses on preventing tax losses through checking taxable values, through classifying and applying tax rates; post-clearance inspection, strengthening customs control...".

Ha Tinh flexibly manages and ensures balance of revenue and expenditure of the budget.

Enterprises carry out customs clearance procedures through Cau Treo International Border Gate

According to statistics from the financial sector, the total budget revenue in the province in 2023 is estimated at 18,100 billion VND; of which domestic budget revenue is estimated at 9,000 billion VND, revenue from import-export activities is estimated at 9,100 billion VND. Overall, the budget revenue in the area has exceeded the central budget estimate and basically met the provincial budget estimate, creating more resources for localities to carry out development investment expenditure tasks.

Respond promptly to spending tasks

In 2023, Ha Tinh was assigned a budget expenditure estimate of VND 20,006 billion, estimated to reach VND 22,354 billion for the whole year, equal to 111.7% of the estimate. Budget expenditure basically meets the tasks arranged in the estimate and important urgent tasks for socio-economic development, national defense and security of the locality.

Ha Tinh flexibly manages and ensures balance of revenue and expenditure of the budget.

Budget expenditure work has promptly arranged capital for local development investment.

Implementing the resolution of the Provincial People's Council, the Provincial People's Committee has directed the management of budget expenditures closely, economically, effectively, and in line with the implementation of the budget revenue estimate; meeting sufficient funding sources for administrative and career activities at all levels and sectors; ensuring sufficient funding to implement issued regimes and policies and carry out the tasks of disease prevention and control, ensuring national defense and security, especially meeting funding sources for organizing local defense zone drills in 2023; promptly arranging capital sources for development investment.

According to Mr. Trinh Van Ngoc - Director of the Department of Finance: In 2023, the Provincial People's Committee has developed and submitted to competent authorities for decision on the plan to use increased revenue and save expenditures from previous years according to regulations. Under the direction and management of the provincial leaders, the financial sector has proactively reviewed, arranged, and postponed spending tasks that are not really necessary to prioritize the budget savings allocated to key, urgent tasks associated with the implementation of the goals and targets of the 19th Provincial Party Congress and the province's socio-economic development plan.

Ha Tinh flexibly manages and ensures balance of revenue and expenditure of the budget.

Large ships enter Vung Ang port in late 2023.

2024 is a year of special importance for successfully implementing the socio-economic development goals and tasks for the entire 2021-2025 period and the financial strategic goals until 2025. Accordingly, the Provincial People's Council assigned the total budget revenue estimate in the area to reach 17,500 billion VND; of which domestic revenue is 8,100 billion VND and import-export tax is 9,400 billion VND; total budget expenditure is 20,277 billion VND. To successfully implement financial and budgetary tasks, financial agencies and localities across the province have developed and synchronously and drastically implemented solutions from the beginning of the year to "reach the finish line" of the assigned budget estimate for 2024.

Phan Tram

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