On August 20, information from the People's Committee of Lao Cai province, total state budget revenue in the area in the first 7 months reached 12,487 billion VND, equal to 71.21% of the central government's assigned estimate, 53.14% of the province's assigned estimate and 112.32% compared to the same period.
Among these, 11/19 revenue items were higher than the 7-month scenario; 77/99 communes and wards met and exceeded the scenario. Balanced revenue reached 7.682 billion VND, revenue from import and export activities reached 1.656 billion VND, equal to 118.7% of the 7-month scenario.
Revenue from activities mobilizing contributions from organizations and individuals exploiting minerals also achieved positive results, contributing to partially offsetting revenue shortfalls due to objective factors.
According to estimates, the total state budget revenue in 9 months of Lao Cai reached about 19,390 billion VND, equal to 110.6% of the central budget estimate and 82.5% of the provincial budget estimate.
The whole year is expected to reach about 25,850 billion VND, equal to 147.4% of the central budget estimate and 110% of the provincial budget estimate.
Meanwhile, the balance of local budgets is basically ensured.
The management and administration of expenditures is carried out in a strict and economical direction, prioritizing resources for essential tasks such as policies for people, social security, education, health, national defense, security, disaster prevention and control, epidemics and important tasks of the province.
However, the collection progress between fees and areas is not uniform. There are still 8/19 fees lower than the 7-month scenario and 22/99 communes and wards have not reached the set scenario.
According to Standing Vice Chairman of Lao Cai Provincial People's Committee Ngo Hanh Phuc, departments, branches, and localities need to focus on completing at least the 2026 budget revenue estimate assigned by the Provincial People's Council, and at the same time strive to achieve the highest level according to the scenario.
The Department of Finance presides over the review of each revenue item, area, project and source at risk of shortfall to have compensation plans; strengthen the fight against revenue loss, recover tax debts, accelerate the progress of projects to generate land use fee revenue and tightly manage import and export revenue sources.
Chairmen of People's Committees of communes and wards are responsible for the collection results in the area.
At the same time, units must manage budget expenditures tightly, economically, and effectively; build a 2027 estimate close to reality, prioritizing resources for people, education, health, social security, national defense - security and key tasks and projects.
