State Treasury: Financial and budgetary discipline is guaranteed

(Chinhphu.vn) - According to the State Treasury's report, by October 15, 2025, budget revenue reached more than 102% of the estimate, while budget expenditure was carried out in accordance with regulations, promptly, transparently, ensuring the safety of national financial resources.

State Treasury units nationwide have proactively coordinated with tax and customs authorities and commercial banks to quickly concentrate and fully and accurately account for revenues for budgets at all levels.

Budget revenue exceeds plan, expanding electronic revenue-expenditure coordination

As of October 15, 2025, State Treasury units nationwide have proactively coordinated with tax and customs authorities and commercial banks to quickly concentrate, fully and accurately account for revenues for budgets at all levels. At the same time, budget revenue information is regularly updated, helping competent authorities to manage promptly and effectively.

Notably, the State Treasury system continues to expand the coordination of electronic bilateral collection and payment with 20 major commercial banks, such as Vietinbank, BIDV, Vietcombank, Agribank, MB, VPBank, Techcombank,SHB , LPBank, SeABank, HDBank, TPBank... This not only contributes to quickly concentrating budget revenue but also minimizes the use of cash, supporting taxpayers more conveniently.

By the end of the third quarter of 2025, the State Treasury had opened 2,594 accounts at the commercial banking system, including 1,761 collection accounts and 833 payment accounts, including both VND and foreign currency accounts.

Regarding budget revenue results, as of October 16, 2025, the accumulated budget revenue in the balance reached VND 2,013,005 billion, equivalent to 102.35% of the year's estimate. Of which: Domestic revenue (excluding crude oil) reached VND 1,723,547 billion, equal to 103.31% of the estimate; Revenue from crude oil reached VND 39,037 billion, equal to 73.38% of the estimate; Balanced revenue from import and export reached VND 249,222 billion, equal to 106.05% of the estimate after deducting VAT refunds.

Tight budget spending, safe and transparent capital mobilization

In budget expenditure, the State Treasury system makes payments and disbursements in accordance with regulations, promptly and safely, and provides daily disbursement data to the Ministry of Finance and local leaders to serve budget management.

The Treasury also proactively coordinates with ministries, branches and localities in reorganizing the apparatus and building a two-level local government model, thereby promoting the disbursement of public investment capital.

By October 15, 2025, regular expenditures will reach VND 1,214,272 billion, equivalent to 77.8% of the annual estimate; Investment expenditures will reach VND 419,983 billion, equal to 49.3% of the capital plan assigned by the Prime Minister and 41.3% of the capital plan with additional funding from localities.

At the same time, the operation and management of the state budget are carried out in a unified and transparent manner, ensuring full payment needs in both domestic and foreign currencies.

In the third quarter of 2025, the Treasury implemented Circular 81/2025/TT-BTC on the management of payment accounts opened at the State Bank and commercial banks (effective from October 1, 2025), ensuring risk control and improving the efficiency of public cash flow management.

Regarding capital mobilization, the State Treasury coordinates with the Ministry of Finance to issue government bonds to meet the capital needs of the central budget, ensuring safety and efficiency. As of October 15, 2025, the total issuance volume reached VND 268,112 billion, equivalent to 53.6% of the annual plan (VND 500,000 billion). Average issuance term: 9.91 years; Average interest rate: 3.04%/year; Average portfolio maturity: 8.67 years.

Treasury units continue to account fully, promptly and accurately for all budget revenues and expenditures, capital, funds and state assets. The work of synthesizing quick reports, periodic and daily reports is maintained in a systematic manner, ensuring the management of the Ministry of Finance and relevant agencies.

The State Treasury also closely coordinates with the State Bank and the commercial banking system to ensure smooth payments, including during holidays, to serve the payment of policies, pensions, and benefits for employees.

In the settlement work, the State Treasury has implemented Resolution 223/2025/QH15 on supplementing the 2023 budget revenue estimate and approving the 2023 State budget settlement, and at the same time guided units to properly implement the direction in Directive 27/CT-TTg dated September 17, 2025.

Along with that, the State Treasury supports localities in reviewing 2024 settlement data, coordinating with Departments and Offices under the Ministry to appraise and ensure consistency throughout the system.

Regarding the 2024 state financial report, the Treasury system has completed synthesizing provincial reports of 63 localities, reviewed formulas and prepared conditions for synthesizing national financial reports, and submitted them to the Government and the National Assembly according to regulations.

Mr. Minh

Source: https://baochinhphu.vn/kho-bac-nha-nuoc-ky-luat-tai-chinh-ngan-sach-duoc-bao-dam-102251019140234996.htm