(HBO) - According to the provincial Tax Department, in March, budget revenue in the province was estimated at 258 billion VND (11 million USD), bringing the total state budget collections in the first three months of the year to 775.7 billion VND, accounting for 15.8% of the amount assigned by the central government and 11.2% of the target set by the provincial People's Council.
The provincial Tax Department has implemented many
solutions to ensure state budget revenue in 2023.
Land
use levy collection in the first three months was estimated at 70.2 billion
VND, reaching 3.5% of the Government’s target, and 2% of the provincial
People's Council estimate.
Tax
and fee collection (except for land use fees) was estimated at 705.5 billion
VND, reaching 24.2% of the Government’s target and 20.8% of the provincial
People's Council estimate, equivalent to 106.3 % of the figure of same period
last year.
In
the coming time, the provincial Tax Department will continue to effectively
implement the direction of the Government and the provincial People's Council
and People's Committee on implementing socio-economic development tasks and the
State budget estimate in 2023; the main tasks and solutions to improve the
business environment and improve the competitiveness of the province in 2023.
The department will also
synchronously deploy solutions to enhance revenue source management and prevent
loss of budget revenue./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
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.