Need to arrange budget to increase base salary in 2023
On the morning of June 4, under the chair of the President of the National Assembly, the National Assembly Standing Committee gave opinions on the plan to use the revenue increase, cost savings and remaining funding of the central budget in 2021.
At the meeting, members of the National Assembly Standing Committee listened to Minister of Finance Ho Duc Phuoc and Chairman of the Finance and Budget Committee Nguyen Phu Cuong present the proposal and verification report on the plan to use sources of revenue increase, reduction, spending savings and remaining funds of the central budget in 2021.
Next, members of the National Assembly Standing Committee focused on analyzing the plan to allocate sources of revenue increase and cost savings submitted by the Government; raised a number of issues to note with the Government in using this funding source. Deputy Prime Minister Le Minh Khai, the Ministers of Finance, Planning and Investment explained a number of issues raised by members of the National Assembly Standing Committee.
Concluding this, National Assembly Chairman Vuong Dinh Hue stated that the National Assembly Standing Committee basically agreed with the Government’s proposal on the plan to use the source of revenue to increase, save costs and the remaining budget of the Government. Central budget 2021. As for the savings from late payment of interest, the National Assembly Standing Committee said that this is actually a decrease in the estimate compared to the debt payment amount, so it is not identified as an increase in revenue. cost savings; It is recommended that this amount should not be included in the allocation of revenue increase and cost savings.
The National Assembly Standing Committee agreed with the Government’s plan on allocating sources of revenue increase and cost savings, including additional capital for the socio-economic recovery and development program according to Resolution No. 43 2022/QH15 of the National Assembly; allocate resources to implement wage reform.
In addition, National Assembly Chairwoman Vuong Dinh Hue also noted that at the National Assembly’s discussion sessions on the socio-economic situation, many opinions proposed by the National Assembly deputies, besides adjusting the minimum wage. In the region at the enterprise, it is necessary to adjust the base salary for cadres, civil servants and public employees on July 1 every year. Previously, there was an annual salary increase adjustment, but in the past 3 years, it has not been done due to the impact of the COVID-19 epidemic. Meanwhile, the life of cadres, civil servants and public employees is also very difficult.
“Next year we need to calculate this, because after all, it is also spending on development investment, contributing to stimulating demand,” said National Assembly Chairman Vuong Dinh Hue.
With other allocation options, the National Assembly Standing Committee basically agreed with the Government’s proposal. As for the remaining unallocated capital, the National Assembly Standing Committee requested the Ministry of Finance to soon agree on the plan with the Finance and Budget Committee. The proposed options are allocating additional resources for the socio-economic recovery and development program, reducing the pressure on overspending and public debt, considering giving additional bonuses to some localities that exceed revenues, and arranging for a number of public investment projects that have urgent needs and can be completed right in 2022. If the Government does not develop a plan to use this amount, it is proposed to reduce overspending to increase debt payments in accordance with regulations of the Government. Law on State Budget.
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