On the afternoon of November 13, with 90.19% of delegates in favor, the National Assembly passed the Resolution on central budget allocation for 2025.
According to the Resolution, the total central budget revenue is 1,020,164 billion VND; the total local budget revenue is 946,675 billion VND.
The Resolution resolves to use 60,000 billion VND of the central budget's accumulated salary reform fund and 50,619 billion VND of the local budget's salary reform fund until the end of 2024, with the remaining balance transferred to the 2025 budget arrangement of ministries, central and local agencies to implement the basic salary level of 2.34 million VND/month.
Total central budget expenditure is 1,523,264 billion VND.
For central state administrative agencies and units with specific financial and income mechanisms approved by competent authorities, the Resolution allows the arrangement of expenditures to ensure salaries, salary allowances, contributions according to prescribed regimes, additional income, regular expenditures according to norms and specific tasks of these agencies and units (except for the State Bank of Vietnam and Vietnam Social Security) according to Report No. 41/BC-CP dated October 16, 2024 of the Government.
The Resolution assigns the Government to assign the tasks of state budget collection and expenditure, and the central budget allocation level to each ministry, central agency, province, and centrally-run city in accordance with the provisions of the State Budget Law, the Resolution of the National Assembly, and to notify in writing each National Assembly delegation of the province and centrally-run city.
The Government is assigned to use revenue from lottery activities for development investment; prioritize investment in the fields of education - training and vocational education (including purchasing teaching equipment for the program of renewing general education textbooks), and the health sector; the remaining amount is prioritized for implementation of other important and urgent development investment tasks that are subject to investment from the local budget.
Use the budget allocated from savings to support regular activities in the field of state administrative management and support public service units of the local budget, according to the principle: 50% to supplement the source of salary reform according to regulations; the remaining 50% to prioritize payment of social security policies issued by the locality and increase spending on the task of strengthening the material facilities of the corresponding field. The decision on spending for each content is decided by the locality according to the authority prescribed in the State Budget Law.
In addition, the Government is assigned to direct relevant ministries and branches to urgently review the entire legal framework to submit to competent authorities for consideration and decision on amending or abolishing the financial and special income mechanisms of central agencies and units according to the provisions of Resolution No. 142/2024/QH15 of the National Assembly...