Resolution, allowing the use of the source of recovered funds temporarily granted in 2022 for some localities to implement the policy of supporting rent for workers with surplus, transferring the source to supplement the localities that lack resources to implement the policy and finalize the 2023 budget year. Allowing the transfer of sources of increased revenue, reduction, and savings of the central budget in 2021 to arrange annual public investment estimates and plans in 2023, 2024, and 2025 for projects of the Ministry of Transport and 8 localities. Allowing the transfer of the state budget estimate to implement 3 national target programs in 2023 to 2024 for continued implementation.

The National Assembly assigned the Government to review and allocate in detail each specific expenditure task to each ministry, central agency, and locality; take responsibility for the accuracy of data, necessity, completeness, validity, compliance with standards, norms, expenditure regimes, and additional conditions, assign budget estimates, and disburse according to regulations.

Regarding the implementation of wage policy, from July 1, 2024, comprehensive reform of wage policy will be implemented according to Resolution No. 27-NQ/TW dated May 21, 2018 of the 7th Conference of the 12th Central Executive Committee; adjusting pensions, social insurance benefits, monthly allowances, preferential allowances for meritorious people and a number of social security policies currently linked to the basic salary. The National Assembly assigned the Government to focus on proactive, reasonable, flexible and effective fiscal policy management; synchronously, closely and smoothly coordinate with monetary policy and other policies; promptly respond to complicated fluctuations in the domestic and foreign situation, maintain macroeconomic stability, control inflation, promote growth, ensure major balances of the economy; especially have solutions to overcome the decline in indicators on the ratio of mobilization into the state budget to GDP and the ratio of mobilization from taxes and fees into the state budget.

In addition, it is necessary to tighten discipline, strengthen the responsibility of leaders in managing and using finance and budget; operate state budget expenditures according to estimates, ensuring strictness, thrift and efficiency; thoroughly save regular expenditures, expenditures that are not really necessary to ensure resources for preventing and fighting natural disasters and epidemics, supplementing development investment capital and supporting economic recovery; strive to further increase the ratio of development investment expenditures; only issue policies to increase budget expenditures when really necessary and with guaranteed sources; allocate and deliver estimates on time according to the provisions of the State Budget Law; improve the quality of investment preparation work, overcome limitations in slow implementation of public investment projects, slow disbursement of public investment capital; resolutely transfer capital of slow-progressing projects to projects that are capable of implementation and disbursement but lack capital, and minimize the transfer of sources.

Next, the National Assembly discussed in groups: the draft Law on Roads; the draft Law on Road Traffic Order and Safety and the draft Resolution on the application of additional corporate income tax according to regulations against erosion of the global tax base.

In the afternoon, after listening to the report explaining, accepting and revising the draft Resolution on the central budget allocation plan for 2024, the National Assembly voted to pass this resolution. As a result, 444 delegates participated in the vote in favor (accounting for 89.88%), passing the Resolution on the central budget allocation plan for 2024.

Accordingly, the Resolution assigns the Government to assign the tasks of state budget revenue and expenditure and the central budget allocation level to each ministry, central agency and each province and centrally-run city; direct and guide the allocation of state budget investment capital to ensure concentration, focus, key points, compliance with conditions and priority order according to regulations; fully pay off outstanding debts for basic construction; recover all remaining advanced capital that must be recovered in the medium-term public investment plan for the period 2021 - 2025; arrange sufficient capital for completed projects to be handed over and put into use before 2024, counterpart capital for ODA projects and foreign preferential loans, state budget capital participating in PPP projects, investment preparation tasks, planning tasks, transitional projects that must be completed in 2024; Allocate capital according to progress for important national projects, connecting projects, projects with significant inter-regional impacts that promote rapid and sustainable socio-economic development; after allocating sufficient capital for the above tasks, the remaining capital will be allocated for newly started projects that have completed investment procedures in accordance with legal regulations; divide environmental protection tax on gasoline and oil products between the central budget and local budgets for 2024 and 2025 on the basis of gasoline and oil production and sales domestically compared to the total gasoline and oil output consumed on the market; specify the collection, payment, exemption, management and use of road use fees collected through vehicles nationwide; continue to divide revenue from granting water resource exploitation rights in 2024; use revenue from lottery activities for development investment; Localities, based on actual conditions and balancing capacity, shall allocate the central budget to support compensation for local budget balance expenditures in 2024, ensuring that it is not lower than in 2023, to carry out local budget balance expenditure tasks; promptly complete procedures and conditions for allocating in accordance with regulations central budget expenditures not yet allocated to ministries, branches and localities, and report to the National Assembly for consideration and decision;...

The National Assembly discussed in groups: Draft Law on Archives (amended); Draft Law on Capital (amended) and Government reports on: Preliminary summary of the pilot organization of urban government model in Hanoi City, Da Nang City and results of 3 years of implementing urban government organization in Ho Chi Minh City.

From November 11 to 19, 2023, the National Assembly will be on recess to allow the National Assembly, Government and relevant agencies time to absorb, revise and finalize draft laws and draft resolutions. The National Assembly will continue its second session, the 6th Session, from November 20 to 29, 2023.

Vu Son Tung

(Office of the National Assembly Delegation and Provincial People's Council)