The master programme of the Government focuses on thrift practice and waste combat in 2021

Continuing to restructure State budget expenditures towards an effective and sustainable direction. Photo: T.Linh

Tighten financial discipline

The decision stated the development and implementation of the programme of the thrift practice and waste combat in 2021 is an important factor to create resources to contribute to overcoming the consequences of the pandemic, natural disasters and climate change, creating momentum for the recovery and economic development of the country, ensuring the completion of the plan for socio-economic development in 2021.

Therefore, thrift practice and waste combat in 2021 should focus on effectively implementing tasks, solving difficulties for business and production, ensuring social order and safety to recover and develop the economy and striving to achieve the highest result of socio-economic development targets and tasks set by the National Assembly to contribute to increasing gross domestic product (GDP) by about 6%, the average GDP per capita is about US$3,700 /person.

Tightening financial and budget discipline, expanding the tax base, strengthening revenue management; drastically implementing measures to combat revenue loss, transfer pricing, tax evasion, and tax debt collection; to strictly control the State budget deficit.

Continuing to restructure State budget expenditures towards an effective and sustainable direction; maintain a reasonable structure between accumulation and consumption, increase the proportion of development investment expenditures, reduce recurrent expenditures, ensure expenditures for people, social security and expenditures on defence and security.

Continue to thoroughly grasp principles of publicity, transparency and require to thorough implementation of thrift practice and waste combat from the task definition; proactively reviewing overlapping and ineffective policies and tasks, prioritising expenses based on the urgency, importance and ability to be implemented in 2021 to complete the tasks, programs, projects and schemes approved by authorities.

Only submit to authorities for promulgating new policies, schemes and tasks when really necessary and secure; expected sufficient funding for implementation of new policies, regimes and tasks decided by competent authorities; not allocating expenditure estimates for unreleased policies.

Implementing public debt management in accordance with the Law on Public Debt Management 2017 and guidance documents. The mobilisation, management and use of loans must be associated with the restructuring of public investment and orientation of mobilising and using capital in each period.

Closely reviewing plans on the use of ODA and preferential loans of foreign donors. Resolutely eliminate projects that are not necessary or are ineffective.

Arranging State budget expenditure estimates from ODA and preferential loans of foreign donors for projects in accordance with progress signed with donors, the ability to meet reciprocal capital sources, site clearance schedule and capacity of investors managing programs and projects funded by ODA and preferential loans from foreign donors. No loan arrangement for recurrent expenditure tasks.

Drastically boost disbursement of public investment capital plans associated with the effective use of public investment capital, considering this an important political task to stimulate production, consumption, job creation and social security, contributing to promoting the construction and completion of necessary socio-economic infrastructure to enhance competitiveness, support production and business activities of people and businesses and attract other social investment capital sources.

Continuing to reform salary and social insurance policies. Resolutely reform and organise the apparatus, reduce focal points, avoid overlapping, streamlining payroll associated with the restructuring of officials and employees; focus on completing the legal framework and renovating the organisational and management system.

Thrift practice and waste combat is performed in all fields

Thrift practice and waste combat in 2021 are implemented in all fields in accordance with the provisions of the Law on Thrift Practice and Waste Combat. Specifically, in management and use of the State budget's recurrent expenditure, continue to cut 100% of organisation of the groundbreaking ceremony, the inauguration ceremony of basic construction works, except important national projects, group A projects, as well as works of important local economic, political, cultural and social significance.

Reduce the State budget's support expenditures associated with the reduction in payroll to enjoy salary from the budget and cut at least 5% - 10% compared to the 2020 estimate of the State budget support expenditures for the applications public non-business units that have increased revenues according to the roadmap for calculating prices, public non-business service fees (fully calculating salaries, direct expenses, management costs and asset depreciation); spending the State budget to spend non-business activities in areas, localities facing difficulties and regions with extremely difficult socio-economic conditions.

In management and use of public investment capital, implementation of savings from investment policies, spending decisions on investment policies for effective projects and ability to balance public investment capital; to ensure 100% of public investment projects have all procedures according to the provisions of the Law on Public Investment.

Prioritising the arrangement of capital implementation for projects under national target programmes, national important projects, urgent projects to overcome the consequences of natural disasters, key infrastructure development programmes and projects that can spread and create motivation for socio-economic development, creating a breakthrough to attract domestic and foreign private capital sources and ensuring harmonious development among localities and territories.

Resolutely recover property that is misused by the wrong object or wrong purpose

In management and use of public assets, review and rearrange public property, especially housing and land facilities to ensure correct use, standards and norms in accordance with regulations, design and compliance with mission requirements; resolutely recover assets used for wrong subjects, wrong purposes, in excess of standards and norms; handling of property in accordance with the law, openly and transparently, not to waste or loss of public property. Strictly complying with the law on auctions when selling or transferring public property, while strictly handling mistakes.

Strictly manage use of public assets for the purposes of leasing, trading, joint venture or association. Expenses for the use of public assets for lease, business, joint venture or association must be specified by law, with a project approved by a competent authority and must comply with specified requirements in the Law on management and use of public assets and guidance documents to promote the capacity and efficiency of property use; resolutely terminate, recover public assets used for the purposes of business, lease, and joint venture or association in contravention of regulations.