(HBO) – Following the targets set in the resolution of the district People's Council, Lac Thuy district has focused on a raft of measures to increase revenue and prevent budget losses since the beginning of this year.
Ornamental
stone crafting facilities in Soi village, Phu Thanh commune, Lac Thuy district
fulfill their State budget collection obligation
The district has proactively arranged resources for regular expenditures,
prioritising important tasks to ensure resources for social welfare policies.
In the first quarter of this year, its State budget collection reached 41.2
billion VND (1.79 million USD), accounting for 26.58% of the estimate of the
provincial People's Committee and 10.21% of the target set in the resolution of
the district People's Council. The total budget revenue hit over 188.7 billion
VND, or 35.14% of the estimate of the provincial People's Committee and 25.29%
of the target set in the resolution of the district People's Council. Its total
budget expenditure reached 35.02 million VND, representing 35.02% and 25.21%
respectively.
In the second quarter, the district will focus on effectively directing
the work of budget collection, ensuring the timely and sufficient budget
collection in accordance with legal regulations, proactively adopt measures to
increase State budget revenue, striving to complete and exceed the estimate for
budget collection in the first half of this year.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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