On the morning of November 13, with 428/430 delegates participating in the vote, the National Assembly passed the Resolution on the state budget estimate for 2025.
The National Assembly resolved that the state budget revenue is 1,966,839 billion VND.
Using 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 by the end of 2024, the remaining balance will be transferred to the 2025 budget arrangement of ministries, central and local agencies to implement the basic salary level of 2.34 million VND/month; the total state budget expenditure is 2,548,958 billion VND.
The state budget deficit is VND471,500 billion, equivalent to 3.8% of gross domestic product (GDP), including: Central budget deficit is VND443,100 billion, equivalent to 3.6% of GDP; local budget deficit is VND28,400 billion, equivalent to 0.2% of GDP.
Total state budget loans are 835,965 billion VND.
Regarding the implementation of salary policy and some social policies, the National Assembly decided not to increase public sector salaries, pensions, social insurance benefits, monthly allowances, and preferential allowances for people with meritorious services in 2025.
Ministries, central and local agencies continue to implement solutions to create sources for salary policy reform according to regulations. Allow to continue to exclude some revenue items when calculating the increase in local budget revenue for salary reform.
Allow from July 1, 2024 to expand the scope of using the accumulated resources for salary reform of the central budget to adjust pensions, social insurance benefits, monthly allowances, preferential allowances for meritorious people and streamline the payroll.
Allow the use of local budget salary reform resources to implement social security policies issued by the Central Government and streamline payroll.
Allow localities to use remaining salary reform funds to invest in regional and national connectivity projects and key national projects implemented locally according to regulations of competent authorities.
Implemented in cases where the locality has a large surplus, commits to ensuring funding for salary reform and implementing social security policies issued by the Central Government for the entire roadmap to 2030 and does not request support from the central budget.
Supplementing the central budget revenue estimate for 2024 with non-refundable aid capital of VND 21,284 million and supplementing the regular expenditure estimate for 2024 with non-refundable aid capital of VND 21,284 million for ministries, central and local agencies, including:
The Vietnam Union of Friendship Organizations spent 2,115 million VND on administrative management; the Ministry of Transport spent 567 million VND on education - training and vocational training; and the People's Committee of Quang Binh province spent 18,602 million VND on economic affairs.
Adjust the regular expenditure estimate for foreign non-refundable aid capital in 2024 of the Ministry of Labor, War Invalids and Social Affairs as follows:
Reduce 54,004 million VND in economic career expenditure; increase 40,513 million VND in education - training and vocational training career expenditure; increase 12,740 million VND in social security career expenditure; increase 751 million VND in science and technology career expenditure.
Adjusted to increase 360,245 million VND of foreign re-loan capital in 2024 for 7 localities; at the same time adjusted to decrease 406,035 million VND of foreign re-loan capital estimate in 2024 for 12 localities.
The additional estimate for collecting fees for certificates of origin of goods in 2024 organized by the Ministry of Industry and Trade is 118,591 million VND, of which: the amount paid to the central budget in 2024 is 75,341 million VND; the amount of fees collected for the Ministry of Industry and Trade is 43,250 million VND.
