National Assembly decides not to increase pensions and monthly allowances in 2025

On the morning of November 13, with 428/430 delegates participating in the vote, the National Assembly passed the Resolution on the State budget estimate for 2025. The National Assembly resolved that the State budget revenue would be 1,966,839 billion VND.

Using 60,000 billion VND of the accumulated fund for salary reform of the central budget and 50,619 billion VND of the remaining fund for salary reform of the local budget by the end of 2024 to transfer to the 2025 budget arrangement of ministries, central and local agencies to implement the basic salary level of 2.34 million VND/month; total State budget expenditure is 2,548,958 billion VND.

The state budget deficit is 471,500 billion VND, equivalent to 3.8% of gross domestic product (GDP), including: central budget deficit is 443,100 billion VND, equivalent to 3.6% of GDP; local budget deficit is 28,400 billion VND, equivalent to 0.2% of GDP.

Total State budget loan is 835,965 billion VND.

Regarding the implementation of salary policy and some social policies, the National Assembly decided not to increase public sector salaries, pensions, social insurance benefits, monthly allowances, and preferential allowances for people with meritorious services in 2025.

Delegates study documents at the meeting.

Ministries, central and local agencies continue to implement solutions to create sources for salary policy reform according to regulations. Allow to continue to exclude some revenue items when calculating the increase in local budget revenue for salary reform.

The National Assembly allows, from July 1, 2024, to expand the scope of using the accumulated fund for salary reform of the central budget to adjust pensions, social insurance benefits, monthly allowances, preferential allowances for meritorious people and streamline the payroll.

In addition, the National Assembly allows the use of local budget salary reform resources to implement social security policies issued by the central government and streamline staffing.

Localities are allowed to use the remaining salary reform funds to invest in regional and national connection projects, and key national projects implemented locally according to regulations of competent authorities. This is done in cases where the locality has a large surplus, commits to ensuring funding for salary reform and implementing social security policies issued by the central government for the entire roadmap until 2030 and does not request support from the central budget.

Supplement the central budget revenue estimate for 2024 with non-refundable aid capital of VND 21,284 million and supplement the corresponding regular expenditure estimate for 2024 with non-refundable aid capital of VND 21,284 million for ministries, central and local agencies, including:

The Vietnam Union of Friendship Organizations spent 2,115 million VND on administrative management; the Ministry of Transport spent 567 million VND on education, training and vocational training; and the People's Committee of Quang Binh province spent 18,602 million VND on economic affairs.

Adjust the regular expenditure estimate for foreign non-refundable aid capital in 2024 of the Ministry of Labor, War Invalids and Social Affairs as follows:

Reduce 54,004 million VND in economic career expenditure; increase 40,513 million VND in education - training and vocational training career expenditure; increase 12,740 million VND in social security career expenditure; increase 751 million VND in science and technology career expenditure.

Adjusted to increase 360,245 million VND of foreign re-loan capital in 2024 for 7 localities; at the same time adjusted to decrease 406,035 million VND of foreign re-loan capital estimate in 2024 for 12 localities.

The additional estimate for collecting fees for certificates of origin of goods in 2024 organized by the Ministry of Industry and Trade is 118,591 million VND, of which: the amount paid to the central budget in 2024 is 75,341 million VND; the amount of fees collected for the Ministry of Industry and Trade is 43,250 million VND.

Minh Tue

Source: https://vtcnews.vn/quoc-hoi-chot-chua-tang-luong-huu-tro-cap-hang-thang-trong-nam-2025-ar907121.html