News

Hanoi State Treasury strictly controls State budget expenditure

Summary

In the first six months of the year, Hanoi State Treasury has performed well in the control of the State budget revenue and expenditure, complying with the direction and administration of leaders at all levels.

Updated on : 11-09-2022

 

As of June 30, the State budget expenditure via the Hanoi State Treasury was VND 50,444 billion, reaching 28.7% of the estimate.

According to the report of the Hanoi State Treasury, it coordinated closely with the local agency to implement solutions in the revenue collection, under the Ministry of Finance and the city’s government. The authority paid in a timely fashion revenues for the State budget; regularly provided information and data on budget revenue to effectively serve the direction and administration of leaders at all levels in the city.

The Hanoi State Treasury strictly controlled recurrent expenditures in line with the estimate approved by the competent agencies and regulations. The city’s treasury quickly disbursed funds for Covid-19 prevention and control in accordance with the provisions of law and the direction of the Government, the Prime Minister and the Ministry of Finance and City People's Committee.

As of June 30, the public expenditure via the city’s State Treasury was VND50,444 billion, reaching 28.7% of the estimate, including VND46,189 billion in recurrent expenditure, meeting 37.4% of the estimate, and VND11,381 billion of capital construction investment, meeting 20.4% of the plan.

The city’s State Treasury has coordinated with the investors and project management boards to remove difficulties and obstacles, and expedite the disbursement of public investment capital in 2022.

The Hanoi State Treasury promptly satisfied all requirements and expenditure tasks of central and local agencies. At the same time, it has regularly gathered feedback of transaction customers to further improve service quality.

Although the unit achieved positive results in the first half of the year, it will continue to perform workload in the second half.

In the near future, the Hanoi State Treasury will accelerate the reform of administrative procedures, and maintain transactions via online public services. It requires State Treasury branches to rectify their officer to study the guiding documents and operational processes in performing duties and closely controlling payments.