State Budget gives priority to education and training
The state budget spends VND228.2 trillion | |
How to get 2% interest rate support from the state budget? |
The Party, State and Government identifies education and training as a national policy, and investment in education and training as an investment in development. Photo: Internet. |
Recently, the Ministry of Finance has received petitions from voters on contents related to education.
Accordingly, voters in Da Nang suggested that the Government should consider adding financial resources to invest in education because the current investment is still limited and has not met the requirements for the educational development of the whole country.
Hai Phong voters also suggested that the Government pay attention to budget allocation, adjust investment in education and training to ensure the quality of education and training, improve the capacity to respond to Covid-19 pandemic prevention and control.
According to the Ministry of Finance, the Party, State and Government have always identified education and training as a national policy, and investment in education and training as an investment in development. Therefore, education and training is given the top priority in the overall investment of state financial resources.
The State has issued many policies to increase investment in education and training, gradually meeting the requirements for educational development of the whole country. The National Assembly promulgated the Law on Public Investment 39/2019/QH14 to regulate public investment, including public investment in education and training.
The National Assembly, the Government and the Prime Minister have issued many policies prioritizing the use of the state budget for education and training, such as using revenue from lottery activities for investment and development goals, in which priority is given to investment in education, training and vocational training, public health, and additional investment in the procurement of teaching equipment for program innovation, general education books; the program to repair schools, classrooms and public houses for teachers in the 2014-2015 period and the roadmap to 2020; credit policy for pupils and students; policies on granting scholarships, tuition fee exemption and reductions, funds for school fees and accommodation for pupils, in which priority is given to students from ethnic minorities; policies on salaries and allowances for teachers and education administrators; policies for public education and training institution and non-public education institutions.
According to the Ministry of Finance, the Government has submitted to the National Assembly Standing Committee for approval Resolution 01/2021/UBTVQH15 stipulating principles, criteria and norms for allocation of recurrent expenditure estimates of the state budget.
The Prime Minister issued Decision 30/2021/QD-TTg dated October 10, 2021 on promulgating principles, criteria and norms for allocation of recurrent expenditure estimates of the State budget in 2022.
Accordingly, the regulations on budget allocation have taken into account the priorities for education and training and health.
The Government has also issued or submitted to competent authorities for promulgation guidelines and policies to support laborers, including employees in the education-training sector, pupils; students and workers in vocational training; education and training institutions affected by the Covid-19 pandemic.
Related News
Implementing unprecedented fiscal policies to actively support people and businesses
16:25 | 17/04/2024 Finance
The Tax sector’s revenue collection reached 33% of current appropriation
10:50 | 15/04/2024 Finance
Ministry of Finance conducts general verification of public assets
17:07 | 14/04/2024 Finance
Reporting to the National Assembly for considering VAT reduction in the second half of 2024
17:09 | 14/04/2024 Regulations
Latest News
Closely monitoring market fluctuations to consider appropriate time to adjust prices
09:30 | 26/04/2024 Finance
How does the Land Development Fund work effectively?
09:19 | 26/04/2024 Finance
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
More News
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT
10:35 | 24/04/2024 Finance
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance
Support clearance procedures for imported gold for bidding
09:33 | 23/04/2024 Finance
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low
09:32 | 23/04/2024 Finance
Majority of credit institutions forecast profit growth in 2024
15:16 | 22/04/2024 Finance
Central bank plans to auction gold bars on April 22
18:00 | 21/04/2024 Finance
Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
State-owned enterprises flourished
14:15 | 19/04/2024 Finance
Your care
Closely monitoring market fluctuations to consider appropriate time to adjust prices
09:30 | 26/04/2024 Finance
How does the Land Development Fund work effectively?
09:19 | 26/04/2024 Finance
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance