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Second day of the 12th meeting session of the 7th Provincial People’s Council: results of state budget revenues and expenditures discussed.

On December 5th, the session of the 7th Provincial People’s Council continued to discuss the results of state budget revenues and expenditures in 2007; estimates of state budget revenues and expenditures in the province and localities; allocations of provincial-level budget expenditure and of additional budget below provincial level for in 2008; settlement of state budget in 2006; results of investment capital and basic construction projects in 2007, and duties of 2008.

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Secretary of Provincial Party Committee, Chairperson of Provincial People’s Council discussed problems relating to budget revenues and expenditures.

       State budget revenues in 2007 are estimated at VND9,917,555 billion, accounting for 100%, up 9% compared to the same period last year. In fact, in the past years (2005-2007), Dong Nai province has been assigned high estimates by the Central, which exceeded the province’s source.   Therefore, accomplishing targets of budget revenues meets many difficulties, and requires great endeavors of local authorities and sectors. However, budget revenue task has been accomplished in general, not in budget collection structure, due to not having balanced sources such as: central state-owned enterprises and foreign-invested enterprises. This has led to unbalance in local budget, influencing the management of budget revenues.

        Vice-Chairperson of Provincial People’s Council required relevant agencies to explain the State budget revenue execution in Central State-owned enterprises and foreign-invested ones which did not meet requirements, and to state the reasons why many enterprises informed their loss but still expanded production scale. Answer this question, the representative of Dong Nai Department of Taxation said that revenues from Central State-owned units just focused on large enterprises, meanwhile the product prices of these enterprises were constrained by the State, so difficulties in budget-revenue collection arose. Besides, it was difficult to collect revenues for State Budget from a number of foreign-invested enterprises because many of them continuously announced their loss and some were newly established and entitled to tax exemption. Some foreign-invested enterprises still expanded their production scale despite their capital-loss annoucement because they focused their capital investment on their new establsihments. Therefore, collection of budget revenues from these enterprises would be continued after these establishments came into operation.

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The representative of Dong Nai Taxation sector answered the questions at the session.

 

 

        The session continued to discuss some aspects as follows: reports on adjustment and supplementation for legal normative document (LND) elaboaration by provincial People’s Council (PPC) in 2007; Resolution approval for the adjustment and supplementation of LND elaboration by PPC in 2007; report and project on the socialization of education-training, health care, culture-information, gymnastics and sports in the province for the 2007-2010 period in accordance with the Resolution No.05/2005.NQ-CP; on attracting cadres with college or university degrees to work for communes, wards, and township; on working-trip allowances and conference expenses for state offices and public service delivery units; on some fees and charges (fees on entering the exams; natural resources fees and land using fees; business registration fees and so on); and on classification of Dong Nai provincial administrative units; the session simultaneously discussed and investigated aforementioned contents.

        Reported by T.D, Translated by THKC

Author: admin

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