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City. Ho Chi Minh City ranked 25th, Hanoi is also outside the top 10

According to the State Budget Estimate in 2022 announced by the Ministry of Finance, Hanoi is the locality with the highest total estimated local budget balance expenditure (including revenue and overspending) of the whole country. water, with 102,387,712 trillion VND. Second is the city. Ho Chi Minh City with 94,051,051 trillion VND.

Hanoi and TP. Ho Chi Minh City is quite far from the next province, Thanh Hoa with 32,245,037 billion VND. The remaining localities in the top 10 are Nghe An, Quang Ninh, Hai Phong, Dong Nai, Binh Duong, Ba Ria – Vung Tau and Bac Ninh.

Top provinces and cities with the highest budget expenditure per capita in the country: TP.  Ho Chi Minh City ranked 25th, Hanoi is also outside the top 10 - Photo 1.

If the total balanced local budget expenditure is divided by the population of that locality (population according to the General Statistics Office), Quang Ninh is the locality with the highest total local budget balance per capita expenditure in the country with 19,396 million VND/person.

Hanoi ranked 14th with 12.16 million VND/person, while HCMC. Ho Chi Minh City ranked 25th with 9.99 million VND/person.

Top provinces and cities with the highest budget expenditure per capita in the country: TP.  Ho Chi Minh City ranked 25th, Hanoi is also outside the top 10 - Photo 2.

According to the State Budget Report for Citizens-estimated State Budget in 2022, the estimated total state budget revenue in 2022 is VND1,411.7 trillion, an increase of about 3.4% compared to the estimated implementation in 2021. The rate of mobilization into the state budget is about 15.1% of GDP, of which from taxes and fees is about 12.7% of GDP.

As for the estimate of central budget revenue and local budget, in 2022 central budget revenue is 739.13 trillion VND, accounting for 52.36% of total state budget revenue; local budget revenue estimate is 672.57 trillion VND, accounting for 47.64% of total state budget revenue.

The state budget expenditure estimate in 2022 is VND 1,784.6 trillion, up 4.5% compared to the estimate in 2021. Among them, the estimated expenditure on development investment is VND 526.1 trillion. regular payment is 1,112.2 trillion dong, interest payment is 103.7 trillion dong, the remaining expenses are 42.6 trillion dong.

With estimates of central and local budget expenditures, the report states that, in 2022, the total central budget expenditure will be VND 841.31 trillion (excluding the balanced addition to the local budget); total local budget expenditure is 943.29 trillion VND.

Notably, this report said that in 2022, 18 out of 63 provinces and cities will have central budget regulation (an increase of 2 localities compared to the previous period), including Hanoi, Hai Phong, Quang Ninh, and Hai Duong. , Hung Yen, Vinh Phuc, Bac Ninh, Ha Nam, Ninh Binh, Da Nang, Quang Nam, Quang Ngai, Khanh Hoa, City. Ho Chi Minh City, Dong Nai, Binh Duong, Ba Ria-Vung Tau, Can Tho.

The rate of regulation is left to the city budget. Ho Chi Minh City in 2022 at 21%, up 3 percentage points compared to the 2016-2021 period (18%).

According to calculations, in 2022, the estimated total budget revenue in the city. HCM reached more than 386,568 billion dong, 5.9% higher than the 2021 estimate, equivalent to a net increase of nearly 21,700 billion dong.

Out of this revenue, the local budget is entitled to 84,121 billion VND, the rest is the amounts to be divided. In which, the city’s local budget revenues. Ho Chi Minh City’s 100% benefit in 2022 is expected to be 42,585 billion dong, and the benefit according to the 21% regulation rate is nearly 41,536 billion dong.

Thus, compared to 2021, the rate of regulation that the city budget Ho Chi Minh City’s benefits in 2022 are expected to be nearly 6,000 billion VND higher. In the opposite direction, the city’s total budget expenditure in 2022 is expected to be VND 94,051 billion.

The adjustment rate left for the Hanoi budget in 2022 will decrease to 32%, 3 percentage points lower than in the 2016-2021 period (35%). Accordingly, the total estimated budget revenue of Hanoi next year is nearly 311,651 billion VND, up 32.3% compared to the estimate in 2021, equivalent to more than 76,130 billion VND.

In which, the local part is entitled to a decentralized share of 98,939 billion VND, the part of the City budget that receives 100% is more than 45,779 billion VND, and the portion that is entitled to the 32% regulation rate is 53,160 billion VND.

Compared to the 2021 estimate, although the adjustment rate that Hanoi’s budget enjoys in 2022 will decrease by 3 percentage points, the actual total benefit will still increase by nearly 2,000 billion VND.

Budget situation in the first 2 months of 2022

In the first 2 months of 2020, total state budget revenue is estimated at 323.8 trillion VND, equaling 22.9% of the estimate, up 10.8% over the same period in 2021. Of which: domestic revenue reached 23% of the estimate, increase by 7.6% over the same period in 2021; revenue from crude oil reached 28.6% of the estimate, up 57.2%; Balanced budget revenue from import-export activities reached 22.6% of the estimate, up 29.4%.

There are 8/12 revenues that ensure the estimated progress (reaching over 17%), of which direct revenues from production and business activities, although quite compared with the estimate, are lower than the same period in 2021. : revenue from state-owned enterprises reached 20.4% of the estimate, down 0.2%; revenue from foreign-invested enterprises reached 22.7% of the estimate, down 12.8%; revenue from the non-state economic sector reached 25.8% of the estimate, down 0.8% over the same period in 2021…

Notably, 60/63 localities made domestic revenue in the first 2 months of the year to ensure the estimated progress, of which 44 localities collected over 20% of the estimate; 35/63 localities have higher revenue than the same period, 28 provinces lower than the same period.

According to information from Hanoi Department of Planning and Investment, in the first two months of 2022, the total state budget revenue in the city is estimated at over 69,000 billion VND. Hanoi’s state budget revenue was 22.6% of the estimate, up 18.4% over the same period in 2021, of which domestic revenue reached more than 64,000 billion VND.

As for the city. In Ho Chi Minh City, the city’s budget revenue in the first two months of the year reached VND 89,000 billion, reaching 23% of the yearly estimate. In one working day, the city collects about VND 2,200 billion, equal to the revenue of some provinces in a year.

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According to Thai Quynh

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