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NA Standing Committee looks into Government’s thrift practice report

The National Assembly (NA) Standing Committee contributed opinions to the Government’s report on thrift practice and wastefulness prevention at its 23rd session in Hanoi on May 11.
NA Standing Committee looks into Government’s thrift practice report ảnh 1At the working session of the NA Standing Committee. (Photo: quochoi.vn)
Hanoi (VNA) - The National Assembly (NA)Standing Committee contributed opinions to the Government’s report on thriftpractice and wastefulness prevention at its 23rd session inHanoi on May 11.

Statistics by ministries, agencies and localities showed that some 53.88 trillion VND (2.29 billion USD) of state capital and funding was saved lastyear, according to the report.

As of the end of 2022, Vietnam’s public debt wasestimated at 3.6 quadrillion VND, equivalent to 38% of the national grossdomestic product (GDP), down from the 43.1% recorded in the previous year.

Last year, 8.62 trillion VND was earmarked from the statebudget to carry out the national target programme on sustainable povertyreduction for the 2021-2025 period, the report said.

The committee pointed out that wastefulness is still seen at different levels, particularly in budget management, publicinvestment, public procurement, as well as land and public asset management.

NA Vice Chairman Trang Quang Phuong suggested evaluatingwastefulness in the implementation of the socio-economic recovery anddevelopment programme, and the three national target programmes, covering new-stylerural area building, socio-economic development in ethnic minority-inhabitedareas, and sustainable poverty reduction.

The report should highlight both achievements and shortcomings,and propose solutions for next year, he added.

Deputy Auditor General of Vietnam Doan Anh Tho notedthat audit reports are needed to ensure the objective assessment of thriftpractice and wastefulness prevention, and suggested the Government furtherclarify budget decentralisation.

In his closing remarks, NA Vice Chairman Tran ThanhMan stressed the need for the report to raise solutions in order to step upthrift practice and wastefulness prevention, and handle the sluggishness in budgetallocation, and public investment disbursement, among other issues./.
VNA

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