NA deputies press bottons to vote the resolution. (Photo: VNA)
Hanoi (VNA)🎐 – The National Assembly(NA) on November 10 adopted a resolution on the state budget allocation plan for 2024.
The resolution won approval from 444 NA deputies,accounting for 89.88% of legislators voting at the sitting, part of the ongoingsixth session of the 15th NA. According to the resolution, next year’s central statebudget collection is set at nearly 852.7 trillion VND (35.05 billion USD) whilelocal budget collection over 848.3 trillion VND. The central state budget spending for 2024 is estimated at 1.22quadrillion VND including nearly 426.3 trillion VND to balance the budget andadditionally allocate to local budgets.
NA approves resolution on state budget allocation plan for 2024 (Photo: VNA)
The NA asked the Government to assign ministries, centralagencies and centrally-run localities to make plans for budget collection,spending and allocation following the Law on State Budget, and NA resolutions.
🌌 The Government was also urged to direct and instructministries, agencies and localities in allocating the state budgetconcentratedly, effectively and lawfully.
The ministries, agencies and localities are required toarrange sufficient capital for public investment projects that are expected tobecome operational before 2024, together with reciprocal capital in ODAprojects and those using preferential foreign loans, State capital ratio at public-private partnership projects. They must also arrange capital for key national projectsor inter-regional projects which hold significance in boosting socio-economicdevelopment. Investment for new projects will be considered andallocated after the prioritised projects get enough funding./.
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With 90.49% of approval votes, the National Assembly (NA) on November 9 adopted a resolution on the socio-economic development plan for 2024, which sets a target of 6.0 - 6.5% growth in gross domestic product (GDP) for the year.
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NA deputies press bottons to vote the resolution. (Photo: VNA) 
NA approves resolution on state budget allocation plan for 2024 (Photo: VNA) 
