The achievements of the Finance sector contribute to creating confidence in the Government's management

	People and businesses highly appreciate the digital transformation of the Finance Sector
	Finance sector: Many solutions to promote anti-corruption
	Finance sector determined to accompany, support businesses and people

Deputy Prime Minister Le Minh Khai spoke to direct the Conference.

The Finance sector makes an important contribution to the overall performance of the economy

Deputy Prime Minister Le Minh Khai said that in 2023, in the context of many difficulties and challenges, we will implement the directions of the Party, the National Assembly, the Government and the Prime Minister, thanks to solidarity and consensus. , the joint efforts of the entire Party, the entire people, the participation of the entire political system, the business community, and the whole country have achieved many encouraging results, highly appreciated by the international community.

Accordingly, the macroeconomy continues to be stable, GDP for the whole year is estimated to increase by about 5%; Inflation is controlled, average CPI is estimated to increase by about 3.5%; record trade surplus; The number of newly established enterprises and re-entering the market increased; Foreign direct investment is estimated to increase more than 15% over the same period in 2022...

"In the overall achievement of the economy, there is an important contribution from the Finance sector", Deputy Prime Minister Le Minh Khai affirmed, while also recognizing and appreciating the management of finance and state budget tasks of the Ministry of Finance in 2023.

In 2023, under difficult and challenging conditions, the entire Finance sector has united, strived and drastically implemented many solutions and key tasks set out in assigned fields; Proactively report and seek guidance from the Government, the Prime Minister, the National Assembly Standing Committee and the National Assembly, promptly promulgate measures and solutions for administration, financial management - state budget, and other policies. policies to reduce taxes, fees and land rent to support and unwind production and business, control inflation, stabilize the macroeconomy, restore and develop socio-economics, ensure balance of the state budget and other great balance of the economy. Thanks to that, it has contributed to successfully completing the task of overall economic and social development of the country.

Outstanding results of the Finance sector emphasized by the Deputy Prime Minister include: The Ministry of Finance has focused on building and perfecting institutions, policies and projects. To date, the Ministry has submitted 1 law to the Government and passed 5 resolutions; Submitted to the National Assembly Standing Committee for approval of 2 resolutions; Submitted 34 decrees to the Government; Submit to the Prime Minister for 6 decisions. In addition, 64 circulars have been issued under its authority in the field of financial management - state budget;

Proactively advise and promptly submit to the Government, Prime Minister and competent authorities to promulgate policy solutions for exemption and reduction of taxes, fees, charges, and land rent to remove difficulties for businesses and people, inflation control, macroeconomic stability, socio-economic recovery and development.

Along with that, the Ministry of Finance has strengthened revenue management, strictly managed and saved state budget expenditures, thereby ensuring balance of the state budget at all levels, controlling state budget overspending and public debt within the scope allowed by the National Assembly.

The results of 2023 budget revenue show that by the end of December 25, 2023, state budget revenue will reach 1.69 million billion VND, an increase of 4.5% compared to the estimate; Exempted, reduced, and extended taxes, fees, charges, and land rent of about 193.4 trillion VND. Total state budget expenditures by December 31, 2023 are estimated to reach about 1.73 million billion VND, equal to 83.4% of the estimate.

Thanks to being proactive in operating and effectively applying many solutions to manage state budget revenues and expenditures, the Finance sector has ensured resources to balance budgets at all levels and resources to carry out important political and urgent tasks arise, controlling overspending at an expected level of less than 4% of GDP within the scope decided by the National Assembly of 4.42% of GDP.

The Deputy Prime Minister also praised and appreciated the Tax and Customs agencies for closely coordinating with localities and functional forces, and guiding the effective implementation of policies and tax incentives for businesses, the people, while strictly managing and enforcing tax laws, collecting them fully and promptly into the state budget. At the same time, proactively deploy measures to strengthen revenue management and exploit revenue sources, especially from real estate business activities, e-commerce, and cross-border transactions; Promote modernization and electronicization of tax collection, expand electronic invoices...

The Deputy Prime Minister emphasized that the Ministry of Finance is the leading agency in promoting administrative reform, digital transformation, building e-Government, reorganizing the organizational structure to be streamlined and operate effectively.

For the 9th consecutive year, the Ministry of Finance has been in the top 3 ministries and ministerial-level agencies leading the administrative reform index. In particular, the Ministry has promoted the application of electronic invoices and invoices initiated from cash registers nationwide, including for specific industries with regular and continuous operating hours, each value of each The invoices are not large, but the number of invoices is very large, including catering businesses, restaurants, hotels, and gasoline. Publicity, inspection, examination, and tightening of financial and state budget discipline have also been strengthened.

"The above results achieved by the Finance sector have contributed to creating trust of people and businesses in the leadership and direction of the Party, the State and the administration of the Government. On behalf of the Prime Minister, I warmly praise the efforts, creativity, striving and efforts of the Leadership Team of the Ministry of Finance and of all civil servants and officials in the Finance sector in 2023", Deputy Prime Minister Le Minh Khai emphasized.

Creative and breakthrough solutions are needed to successfully complete the financial and state budget tasks in 2024

Directing the implementation of the Finance sector's tasks in 2024, Deputy Prime Minister Le Minh Khai requested the Ministry of Finance to base on the Socio-Economic Development Plan and State Budget Estimates for 2024 and the Government's resolutions on the main tasks and solutions to implement the socio-economic development plan and state budget estimate for 2024 that are about to be issued, closely following the Government's action guideline in 2024 and the practical situation and development. Immediately implement plans and action programs and direct drastic implementation right from the first day and first month.

At the same time, closely coordinate with ministries and central authorities to operate proactive and appropriate fiscal policies; Focus on effectively implementing policies that have been issued and are expected to be issued to remove difficulties for businesses, control inflation, promote socio-economic recovery and development, and achieve the highest level of completion. The goals of the 2024 Plan have been set.

Specifically, the Deputy Prime Minister requested the Ministry of Finance to focus on building and perfecting institutions and financial policies - the state budget; continue to research and propose amendments and supplements to relevant tax laws and regulations to expand the collection base; Focus on doing a good job of managing state budget revenues, ensuring correct, complete and timely collection of arising revenues; Apply information technology, promote prevention of revenue loss, transfer pricing, and tax evasion; Effectively manage new revenue sources arising from e-commerce transactions; Drastically handle and urge tax debt collection and reduce the rate of tax arrears; strive to increase state budget revenue; Organize and manage state budget expenditures in 2024 strictly, economically, and effectively, within the budget estimates decided by the National Assembly; continue to control state budget deficit within the scope decided by the National Assembly and strive to lower it; Monitor price and market developments; promptly propose solutions to ensure supply and demand of essential goods, stabilize prices and markets;

According to the Deputy Prime Minister, although there are still many difficulties and challenges, with the high determination of all leaders, civil servants, public employees, and the Finance sector, under the direction of the Government, Prime Minister, Deputy Prime Minister, Mr. The Prime Minister believes that the Ministry of Finance will continue to inherit the results achieved in 2023, and have more creative and breakthrough solutions to overcome difficulties and challenges and successfully complete goals and tasks. Finance - State budget in 2024, contributing to completing the country's general socio-economic development plan, creating favorable conditions to achieve the goals of the 5-year socio-economic development plan 2021 -2025 and the 10-year Strategy 2021-2030 according to the Resolution of the 13th Party Congress.