Legislators are scheduled to continue discussing the supplementary assessment of the implementation of the socio-economic development plan and State budget in 2022 as well as the performance of the socio-economic development plan and State budget in the first months of 2023 as part of the 15th National Assembly (NA)’s fifth session on June 1.

In the morning, the deputies will also discuss the policy to increase the charter capital of the Vietnam Bank for Agriculture and Rural Development (Agribank).

Lawmakers continue to evaluate implementation of socio-economic development plan. Photo: VNA

In the afternoon, they will consider the approval of the State budget balance for 2021, deliberate the thrift practice and wastefulness prevention in 2022, discuss the 2% reduction in added value tax (VAT), and define the list and capital levels for specific tasks and projects under the socio-economic recovery and development programme.

They will also debate the allocation, adjustment and supplementation of the middle-term public investment capital plan sourced from the central budget in the 2021-2025 period as well as the allocation of the public investment using the central budget in 2023 to national target programmes.

Illustrative image (internet)

All the discussions will be televised and broadcast live.

According to a report by the Government, last year, the country saved over 53.88 trillion VND (2.29 billion USD) of the State budget, with an improved public debt situation.

In 2023, the Government will continue to roll out drastic measures to step up thrift practice and wastefulness prevention efforts, including the issuance of a Prime Minister decision clarifying eight major tasks and four key solutions in the field.

Illustrative images (internet)