The Economy and Budget Board of the Provincial People's Council works with the Finance Deparment

ABO - On August 23, the supervision delegation of the Economy and Budget Board of the Tien Giang provincial People’s Council worked with the Tien Giang province Department of Finance. Vice Chairwoman of the Tien Giang provincial People’s Council Nguyen Thi Sang attended the working session.

At the working session. Photo: HOAI THU.

The meeting focused on the implementation of resolutions of the Provincial People's Council on budget in the Tien Giang province.

According to the report of the Department of Finance, the unit advised the Provincial People's Committee to solve many budget problems. This helped the localities to better exploit revenue sources in their respective localities according to law provisions, to combat losses, trade frauds and tax evasion, etc...; to step up the control of budget expenditures, fight negative and wastefulness in budget spending and take initiative in administering the budget, etc...

However, the development of annual income between localities was not synchronic, resulting in the allocation of expenditure encountered some difficulties. The demand for local development was high while the source of mobilization outside the budget was very limited, etc...

Speaking at the working session, Head of the Economic-Budget Committee Board of the Provincial People's Council Nguyen Thanh Dieu highly appreciated the results of the implementation of the contents under the Provincial People's Council's resolutions on the budget of the Department of Finance; at the same time, he acknowledged the difficulties and problems of the unit.

Head of the delegation also noted that the Department of Finance should work with budget officials in districts, towns and cities to understand the Budget Law and other relevant regulations in public investment capital construction, specifying investment portfolios, ensuring sufficient capital sources, paying attention to developing enterprises in order to create a stable source of income in the locality, etc...

By HOAI THU – Translated by NGUYEN HUU