Following the drastic direction of the Government and the province, in the first 6 months, functional agencies and localities endeavored to support enterprises, exploit revenues in the state budget, and disburse public investment capital in order to energize the economic development....

Following the drastic direction of the Government and the province, in the first 6 months, functional agencies and localities endeavored to support enterprises, exploit revenues in the state budget, and disburse public investment capital in order to energize the economic development....

The banking sector actively expanded credit for production and business sectors

 Facing the impact of the Covid -19 pandemic, supporting businesses to overcome difficulties, stabilize and develop production and business activities are both urgent and long-term task. By the end of June, credit institutions in the province have had about VND 11 trillion of outstanding loans affected by Covid-19 epidemic, concentrated in areas such as: Agriculture and fisheries; construction; manufacturing and processing industry; Wholesale and retailing; real estate business ...

In the first 6 months, credit institutions in the area restructured the repayment period and kept the debt group for 238 customers, with a loan balance of over VND 1.8 trillion. At the same time, credit institutions have deployed lending programs with preferential interest rates, and lowered lending rates from 0.5% to 2% per year for many borrowers. According to the aggregate of the State Bank- Hung Yen province branch, by the end of June, 2020, the total outstanding loans to the economy of credit institutions in the area reached over VND 61 trillion. The collection and state budget was synchronously and drastically implemented by units in the provincial financial sectors. Immediately after the Government issued the decree No. 41/2020/ND-CP on April 8, 2020 (Decree 41) on extending the deadline for paying taxes and land rents, Resolution No. 42 / NQ - CP dated April 9, 2020 (Resolution 42) on measures to support people facing difficulties due to the Covid-19 pandemic, the Provincial Tax Department has stepped up propaganda to taxpayers. Head of the Provincial Tax Department has directed the functional departments and subordinate tax- departments to provide sufficient and detailed information of this policy to all taxpayers in the area in various ways. Subordinate tax- departments support and guide taxpayers the way and procedures to send the renewal requests to tax offices.

In addition to support taxpayers, the tax sector and customs authorities promote the efficient revenue exploitation of the state budget, implement the assigned estimates. Provincial Tax Department and Customs Department of Hung Yen province drastically implement measures on debt management and tax debt enforcement; apply modernization of tax administration associated with administrative procedure reform. Vietnam State Treasury of Hung Yen province shall apply modernization in the process of performing the collection order of the state budget to commercial banks in the locality in order to support taxpayers in the most convenient way, ensuring that the total tax amount remittable into the budget is aggregated fully, precisely and timely. In the first 6 months, the state budget revenue is about VND 6,611.8 billion, reaching 44.5% of the plan; in which: revenue from import and export activities is VND 1,658.5 billion, reaching 38.6% of the plan; domestic revenue was VND 4,953.3 billion, reaching 46.9% of the plan, up 2.8%. Total state budget expenditure in the first 6 months reached VND 5,499 billion, equivalent to 47.48% of the plan, up 28.35% over the same period last year.

The implementation and disbursement of public investment plans play an important role in socio-economic development. The organization of verification and approval of investment policies and decisions on investment in security projects must comply with Law on Public Investment, the Construction Law and other relevant laws. In the first 6 months, the implementation of projects reached VND 2,324 billion, reaching 50.7% of the plan; disbursement reached VND 2,210 billion, reaching 69.3% of the plan assigned by the Prime Minister and 48.2% of the plan assigned by the locality. Our province is one of the provinces having the highest rate of implementation and disbursement of public investment throughout the country.

Promoting the achieved results, strengthening the economy development in the last 6 months continues to require synchronized and drastic solutions. Mr. Dang Sy Hoa, Director of the State Bank- Hung Yen province branch said: The banking industry would deploy solutions to expand credit in the fields of production, business, and priority areas and disburse timely, sufficient capital to the economy, especially to restore and maintain production for the sectors and fields affected by the epidemic. Mr. Chu Tuong Anh, Director of the Provincial Tax Department, said that the Provincial Tax Department would: instruct its subordinate units to proactively develop the state budget collection scenario; consult with the Party committees and local authorities to remove difficulties for the real estate market, support businesses to develop production; concentrate on nurturing and exploiting well the sources of revenue, ensure precise, adequate and timely collection of revenues into the state budget, strive to increase revenues from the branches and fields less affected by the Covid-19 epidemic to offset lack of total revenue; at the same time, strengthen inspection, examination and combat of tax losses, urge and handle tax arrears.

Believing that with the efforts and creativity of all levels and sectors, and the consensus of all strata of people, the results of economic development in the first 6 months is the motivation for the sustainable growth of the province's economy in the last 6 months of the year.

Nguồn trích dẫn: baohungyen.vn