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State budget needs better supervision NA Deputies

Update: May, 30/2014 - 08:07
A report presented at yesterday's session discussing the State budget's 2012 balance revealed that the revenue of 2012, which was over VND1 thousand trillion (US$50.3 billion), was higher than previous estimates.— Photo bizlive

HA NOI (VNS) — Deputies yesterday asked the National Assembly (NA) and the Government to tighten financial regulations, strictly supervise and punish activities of corruption, waste and wrong use of the State budget.

A report presented at yesterday's session discussing the State budget's 2012 balance revealed that the revenue of 2012, which was over VND1 thousand trillion (US$50.3 billion), was higher than previous estimates. The revenue was aimed at ensuring a financial source for state management, and the implementation of social and economic development targets, national defence and public security under the NA's estimates.

However, the revenue sources were not stable and sustainable, the report stated.

Agreeing with the report, Vo Thi Dung from HCM City, noted that the increase in the revenue of state budget in 2012 mostly came from crude oil and land-related collections.

"These collections accounted for a large rate in the total revenue of the state budget. This shows the unsustainability and instability of revenue resource," she pointed out.

Meanwhile, the expenditure balance of 2012 state budget of over VND1.1 thousand trillion ($55.7 billion) was also reported as higher than previous estimates. The expenditure in some areas was low, the report stated.

The NA deputies pointed out certain issues in the revenue and expenditure balance, such as some important revenue sources failed to meet the set targets, tax collection showed loopholes in solving tax arrears, and losses in revenue and outstanding debts.

The deputies stressed on the frequent waste and wrong use in expenditure, especially in basic construction projects.

The expenditure for national target programmes had yet to show effectiveness, they claimed.

Phung Duc Tien from the northern province of Ha Nam stated that the expenditure for education and training, science and technology, was too low in the period from 2009 to 2012.

He asked for analyses on the reasons for slow disbursement in sectors with huge demand.

"The government needs to have solutions for these problems in coming years to soon meet the development of important sectors of the country," he stated.

The deputies also asked for stricter punishments on violations of revenue and expenditure, given the current situation of the tensions in the East Sea, which made practicing thrift more drastic.

Vo Thi Dung from HCM City asked the government to collect more detailed reports on the expenditure on public vehicles.

"The spending for this was still very high despite the difficult economic situation back in 2012," she explained.

She also asked for review of financial policies for projects of relocating residents living in disaster-hit regions.

"All policies, which are outdated and ineffective, causing waste to the state budget, should be eliminated immediately," she noted.

Nguyen Thi Kha from the southern province of Tra Vinh and Truong Thi Hue from the northern province of Thai Nguyen shared the opinion that leaders of organisations found with violations in using state budget must take full responsibilities. They also agreed that audit results must be publicised at local grassroots level.

The deputies also asked for boosting tax inspection to solve the losses in revenue and outstanding debts. They said they needed to have more drastic measures to avoid transfer pricing to ensure no loss to the state budget.

Social insurance

Earlier the same day, NA deputies discussed in groups about the draft revisions of the Law on Social Insurance and Law on Vocational Training, where many asked for more appropriate policies to attract more people joining in social insurance system and vocational training.

"It is good that the draft revision of Law on Social Insurance has extended the coverage of people to join the insurance, supplemented the regulations of retirement polices and changed the calculation method of retirement pension," stated Nguyen Van Thanh from Ha Noi.

"However, it still puts employment of public sector and armed forces on par with other groups of people, so the calculation of retirement pension for these sectors were the same as those for non-public sectors," he added.

"It will make the retirement pension of those working in public sector and armed forced lower, affecting the lives of a great number of people," he noted.

He asked for separation of those sectors from others into a separate chapter of regulations.

Nguyen Thi Ngoc Thanh from Ha Noi praised the draft revision, saying that it reflected the gender-equality basis when adding regulations on paternal leave during delivery.

She asked for more favourable conditions to attract more people to join in the social system, especially the volunteers.

"The expansion of coverage should go alongside with claimed policies to encourage the labourers to join," she stated.

Regarding vocational training, Than Duc Nam from the central city of Da Nang urged for policies and priorities to trainees after graduation, including those in payment, post training and promotion.

Dao Van Binh from Ha Noi noted that job guidance was implemented poorly although universities and colleges were opened to many, causing the situation that most of the students tended to not to go to vocational schools.

"Many students after graduation from universities and colleges cannot find jobs, causing a huge waste to families and the society," he noted.

Binh added that enterprises should also have better response and responsibility to graduates from vocational schools. — VNS

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