To study financial and economic for increasing the budget revenue

ABO - Speaking at the conference on financial and budgetary review for the first six months of the year and implementing the orientation and tasks of the last six months of 2019 on August 2, Chairman of the Tien Giang provincial People’s Committee (PPC) Le Van Huong asked the Tien Giang Department of Finance to focus on researching the financial and economic sector, creating state budget revenue sources.

Chairman of the Tien Giang provincial People’s Committee speaks at the conference. Photo: M.THANH

At the same time, many relevant departments and agencies need to focus on enterprise development, assessing whether newly established enterprises at the beginning of the term contributed to the state budget or not.

Besides, he also asked the Tien Giang Department of Finance to coordinate with the Department of Agriculture and Rural Development to speed up the payment process to support pig farmers destroyed by African swine cholera.

According to the Tien Giang Department of Finance, in the first six months, the total state budget revenue in the province is more than 5,756 billion VND, reaching 61.86% of the yearly estimate.

In which, domestic revenue is over 5,390 billion VND, reaching 60.41% of the yearly estimate; revenue from import and export activities is more than 144 billion VND, accounting for 37.9% of the yearly estimate.

The total local budget balancing expenditure reached more than 4,570 billion VND, including expenditures such as development investment spending, regular expenditures, defense and security expenditures, etc...

According to the assessment, the socio-economic situation of the province in the first six months continued to achieve positive results over the same period.

In addition, the tax sector has collaborated with relevant branches to strengthen revenue management, thereby facilitating the state budget collection to be relatively high compared to the yearly estimate.

By M. THANH – Translated by HUU CHI