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(Haiphong.gov.vn) - At the 14th Session (Thematic Session) of the XVI City People's Council, term 2021 - 2026, the City People's Council reviewed, voted and agreed [...]

(Haiphong.gov.vn) - At the 14th Session (Thematic Session) of the XVI City People's Council, term 2021 - 2026, the City People's Council reviewed, voted and unanimously passed 12 Resolutions, which are extremely important for the socio-economic development and strengthening of the city's National Defense and Security.
In particular, one of the important contents approved at this Meeting is The plan to use the bonus source exceeding the revenue estimate divided between the Central budget and the local budget and reinvest it according to a specific mechanism in 2022.
>Delegates vote at the Session.
According to information from the City Customs Department, in 2022, Hai Phong city's state budget revenue from import-export activities will reach 67,806 billion VND, exceeding 20.6%, equivalent to exceeding 11,876 billion VND compared to the assigned target (55,930 billion). From this result, according to the provisions of Decree 89/2017/ND-CP dated July 29, 2017 of the Government on Regulations on specific financial and budget mechanisms and policies for Hai Phong city, the Prime Minister issued Decision No. 1491/QD-TTg dated November 29, 2023 to reward exceeding estimated revenues and invest back into the locality with a total amount of 926.6 billion VND. copper. This is an important source of additional capital for Hai Phong city to continue implementing public investment plans and socio-economic development policies in 2024.
Accordingly, at the 14th Session, the City People's Council agreed to approve a plan to allocate public investment expenditure of 896.6 billion VND and 30 billion VND to supplement trust capital through the City Bank for Social Policies branch to provide loans to create jobs for socio-economic development. The use of VND 896.6 billion to spend on public investment according to regulations will contribute to completing the city's socio-economic goals in the spirit of Resolution 45-NQ/TW dated January 24, 2019 of the Politburo on building and developing Hai Phong city to 2030, with a vision to 2045; Implementation of Resolution 09 - NQ/DH dated October 15, 2020 Resolution of the 16th City Party Congress, term 2020 - 2025, including content on practicing savings andwaste in budget spending and prioritizing resources for key programs, projects, works...