On the afternoon of October 20, continuing the 10th Session, Deputy Prime Minister Ho Duc Phoc presented a report on the implementation of the state budget in 2025, the state budget estimate, the central budget allocation plan in 2026, the 3-year state budget and finance plan for 2026-2028; the results of the implementation of the National Financial Plan and public debt repayment for the period 2021-2025, the expected national financial plan for the period 2026-2030; the results of the implementation of the Medium-term Public Investment Plan for the period 2021-2025, the expected medium-term public investment plan for the period 2026-2030.
The Deputy Prime Minister said that state budget revenue in the first 9 months reached 96.7% of the estimate, estimated for the whole year at more than VND 2.38 million billion, up 16.9% compared to 2024, up 21.5% compared to the assigned estimate and will continue to strive to exceed about 25%.
Regarding state budget expenditure for the first 9 months, it is 63.1% of the estimate, estimated that the whole year will reach the estimate and strive to disburse 100% of the public investment plan.
About VND 116,000 billion has been added to implement policies for people who quit their jobs due to organizational arrangement according to Decree 178 and Decree 67; allocating 3% of the total state budget expenditure for Resolution 57; basically completing the elimination of temporary and dilapidated houses and having allocated VND 10,000 billion from increased budget revenue in 2025 and proactively saving spending to immediately build 100 inter-level boarding schools in remote and border areas.
The Government manages well the State budget revenue and expenditure for the entire period of about 1.5 million billion VND, from which revenue and expenditure savings will increase to supplement development investment expenditure, creating a source for salary reform, and has exempted and reduced about 400,000 billion VND to support businesses and people to restore production and business.
Regarding the expected 5-year plan for the 2026-2030 period, the budget revenue is about 16.1 million billion VND, 1.7 times higher than the 2021-2025 period.
State budget expenditure is about 20.9 million billion VND, 1.9 times higher than the 2021-2025 period, of which development investment expenditure is about 8.51 million billion VND, equal to 40% of total state budget expenditure.
The Deputy Prime Minister emphasized the need to resolutely arrange the central budget to focus on key areas; the total number of projects using central budget capital does not exceed 3,000 projects, not including projects under national target programs and projects in the fields of science, technology, innovation and digital transformation.
The central budget focuses on allocating for strategic infrastructure projects that are about turning the situation around and changing the state. For newly started projects, priority will be given to capital allocation for high-speed road projects, high-speed railways, and international railways.
Regarding regular expenditures, about 10.6 million billion VND will be spent, accounting for about 50.7% of total budget expenditures for political, defense and security tasks, implementing the policies and conclusions of the Politburo, ensuring social security, salary and allowance policies, and subsidies.
Reviewing this content, Chairman of the Economic and Financial Committee Phan Van Mai said that regarding budget revenue, the Government will develop a budget revenue estimate for 2026 to increase by 5.9% compared to the estimate in 2025. However, the majority of opinions suggested that it is necessary to strive for budget collection in 2026 to increase by at least 10% compared to 2025 to prioritize increased development investment expenditure.
The Chairman of the Economic and Financial Committee agreed to implement a 10% savings in regular expenditures in addition to savings to create a source for salary reform to supplement social security expenditures.
Approving the proposal to submit to the National Assembly to assign the Government to proactively use accumulated funds for salary reform to ensure the implementation of salary, allowance and income regimes according to regulations.
