Strive to achieve State revenue in 2024 exceeding 10% of the target

	Capital flow "hits the target" for businesses to recover
	Striving to achieve and exceed the targets and objectives for 2024

Prime Minister Pham Minh Chinh has signed Official Dispatch No. 85/CD-TTg managing the state estimate to send to Ministers, Heads of ministerial-level agencies, and agencies under the Government, and the Chairmen of the People's Committees of provinces and centrally-run cities, and requested to instruct and check agencies and units and subordinates to make great efforts and implement solutions and tasks for socio-economic development and the State budget, and strive to increase revenue, enhance expenditure savings, and proactively balance the State budget in the remaining months of 2024.

Accordingly, the Prime Minister directs ministries, agencies, and localities to effectively implement key solutions and tasks to promote administrative procedure reform, improve the investment and business environment, enhance national competitiveness, remove difficulties for production, business, and socio-economic development.

Additionally, the Prime Minister requests to implement fiscal and monetary policies and other macro policies that have been issued to remove difficulties for businesses and people, control inflation, maintain macroeconomic stability, maintain growth momentum and ensure major balances of the economy; strive for a GDP growth rate of about 7% for the whole year of 2024, exceeding the target, creating a premise and momentum for 2025 and the period of 2026-2030.

The Prime Minister also directs to effectively perform the State revenue collection, and strive to reach the highest revenue. Accordingly, continue to perfect the institutions, policies and laws on state budget revenue, implement solutions and measures to control revenue, prevent revenue loss, ensure sufficient collection of revenue. Perfect tax regulations on houses and land; expand and prevent tax base erosion, exploit remaining revenue sources, and expand new revenue bases.

Effectively promote digital transformation and IT application, improve effectiveness and efficiency in revenue control, especially revenue from e-commerce transactions and foreign suppliers.

In 2024, strive to collect the State revenue exceeding 10% of the target assigned by the National Assembly, and reach the revenue of about 5% higher than the estimate in 2024 to meet the estimate and increase the expenditure to create sources for salary reform and unplanned tasks.

The Prime Minister also asks to perform the State expenditure in proactive and economical manner, tighten discipline, improve the efficiency of State budget use; cut and save 5% of the recurrent expenditure under Directive No. 01/2024/CT-TTg of the Prime Minister and the Government Resolution No. 119/2024/NQ-CP; cut the recurrent expenditure estimate assigned to ministries and central agencies but not yet allocated to budget spending units by June 30, 2024.

Focus on implementing key tasks and solutions, speeding up the implementation and disbursement of public investment capital, especially key national projects and works, national target programs; strive to disburse over 95% of the assigned capital plan for 2024, contributing to promoting growth.