Government orders cutting 10 percent of regular budget spending

Thứ Tư, 06/03/2019, 21:00
The Government has issued a program on practicing thrift and fighting wastefulness in 2019, with one of the measures requiring cutting 10 percent of regular budget spending. 

The programme emphasizes tightening fiscal-budgetary discipline and strictly following the budget estimates approved by the National Assembly. 

The Government also orders an end to the organisation of ceremonies for ground-breaking, launch of construction and completion of infrastructure projects, except for those of national importance or of great significance to a locality. 

The state budget will shift its support from public administrative agencies to the poor and beneficiaries of social policies who use essential public services. 

The number of non-business public agencies will be reduced by at least 2.5 percent this year compared to 2015, towards the goal of cutting the number of such agencies by a minimum 10 percent in 2021 compared to 2015, thus reducing the state budget’s direct spending on those agencies by an average 10 percent compared to the 2011-2015 period. 

The mobilization of investment from all sources in education and healthcare will be intensified, while budget spending in those fields will focus on disadvantaged areas. 

Administrations at all levels and sectors are required to effectively implement the project on restructuring public investment. Only projects deemed to be effective and suitable with the capacity of arranging capital should be licensed. 

Regarding the management and use of public property, the government instructs the synchronous implementation of the 2017 Law on Management and Use of Public Assets along with documents guiding the law enforcement. 

The government also requires tightening the management of investment in building administrative centres in localities.
VNA