According to the report of the Department of Finance, the total state budget revenue in Yen Bai province in the first 10 months of 2024 is estimated at 2,874.7 billion VND, equal to 81.6% of the central budget estimate, equal to 54.2% of the provincial People's Council's estimate, an increase of 14% over the same period in 2023.
Of which, the estimated balance revenue is 1,802.2 billion VND, equal to 68.7% of the estimate, up 4.5% over the same period in 2023; one-time land rent revenue is estimated at 3.3 billion VND, equal to 15.4% over the same period; land use fee revenue is estimated at 647.5 billion VND, equal to 31.4% of the estimate and up 24.7% over the same period; lottery revenue is estimated at 23.2 billion VND, equal to 46.4% of the estimate and up 71.4% over the same period; revenue from import-export activities is estimated at 398.5 billion VND, equal to 71.2% of the estimate and up 78% over the same period.
In 2024, Yen Bai province was assigned by the Ministry of Finance to collect 3,524 billion VND; the estimated budget assigned by the Provincial People's Council is 5,300 billion VND.
In the last months of the year, the province will continue to closely monitor the collection progress, evaluate and analyze the collection situation in each locality, each collection area, collection item and tax type; forecast monthly and quarterly collection, closely and accurately with actual occurrences to advise on collection direction solutions; review and accurately identify potential revenue sources, areas and types of taxes with remaining revenue losses to promptly propose solutions on policies and effective collection management.
Along with that, direct tax authorities to strengthen management solutions in the last months of the year, deploy revenue management solutions, and prevent revenue loss.
Continue to review and urge the debt of land use fees and land rent to increase revenue in the last months of the year and promptly advise the Provincial People's Committee to recover land for projects that are slow, have long-term debts, and do not fulfill financial obligations to the State.
At the same time, continue to accelerate the disbursement of public investment capital and the 3 National Target Programs, the Socio-Economic Recovery and Development Program associated with the responsibilities of heads of agencies, units and localities; ensure the progress of key projects, infrastructure development projects, especially projects to overcome the consequences of natural disasters to soon stabilize people's lives as well as create momentum for socio-economic development and increase budget revenues of economic sectors in 2024.
