(ĐN)- Ministry of Finance on December 24 organized an online conference to review the State financial-budget activities 2014 and setting orientations for 2015.
(ĐN)- Ministry of Finance on December 24 organized an online conference to review the State financial-budget activities 2014 and setting orientations for 2015.
In 2014, State budget revenue is estimated at more than VND930 trillion, a year-on-year increase of 3%. Most of the localities nationwide have fulfilled and surpassed their set targets.
In Dong Nai, its total budget collection this year reached nearly VND36.6 trillion, a 12 percent year-on-year increase. The province set the 2015 goal of collecting some VND39.5 trillion for the State budget, an increase of 8% against the previous year.
Reforms in tax filing and customs formalities have helped businesses save time and costs, from 537 hours to 247 hours, said Finance Minister Dinh Tien Dung.
Regarding inflation control, the minister attributed the low CPI growth of around 3 percent to the close management of market prices.
At the same time, Minister Dinh Tien Dung pointed out issues that led to losses of State revenues, such as violations in value-added tax refund, smuggling, trade frauds and transfer pricing.
Minister Dung vowed to keep a close tab on State budget spending, market prices and public debts in order to meet liabilities, while fine-tuning policies in taxation, customs, budget, corporate financial management, securities market, and accounting-audit services in line with economic restructuring.
He also requested keeping market prices during the Tet (Lunar New Year) holiday in check and ensuring sufficient supply of essentials.
Reported by H.G