(HBO) - As of June 30, Hoa Binh’s state budget collection exceeded 1.47 trillion VND, accounting for 50 percent of the Ministry of Finance estimation and increasing 4 percent compared to the same period last year.
Leaders of the provincial Tax Department and professional
officials check the plan for State budget collection in the locality.
Nguyen Anh Tuan said in addition to efforts by
tax personnel and impact of concerted solutions implemented, relevant economic,
mechanism and policy factors also contributed significantly to the collection
of state budget in the first half of 2019.
To complete the assigned budget in the remaining
months of the year, the provincial Tax Department will deploy concerted measures
to boost its collection. As such, it will offer advice to the People's
Committees at all levels regarding issues related to mechanism, policies and
administrative procedures in order to promptly tackle obstacles and facilitate
production and business development. Besides, it will also assist local
authorities in directing relevant departments and agencies to coordinate work
on land planning and auction of land use right as well as problems arising from
land revenue.
The
department will also maintain the operation of its steering committee for state
budget collection to prevent revenue loss and speed up tax debt collection;
analyse, detect and forecast factors affecting the fluctuations of state budget
revenue in the area; and recommend measures to closely monitor local conditions.
The building of a modern taxation system that enables payers to access e-services
is also prioritised.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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