Politics

Hanoi saves over 41.4 trillion VND during 2016-2021

Hanoi saved nearly 41.461 trillion VND (1.77 billion USD) from the work related to the State budget management and use in the 2016-2021 period, according to a report of the capital People's Committee.
Hanoi saves over 41.4 trillion VND during 2016-2021 ảnh 1Chairman of the National Assembly Vuong Dinh Hue (centre) speaks at the event (Photo: VNA)
Hanoi (VNA) – Hanoi saved nearly 41.461 trillionVND (1.77 billion USD) from the work related to the State budget management and use in the2016-2021 period, according to a report of the capital People's Committee.

The report was presented at a meeting between Hanoi and aNational Assembly (NA) supervision delegation on August 22 regarding the city’simplementation of policies and laws on thrift practice and wastefulnessprevention and control during the period.

Addressing the function, Chairman of the National AssemblyVuong Dinh Hue highlighted efforts made by the local authorities.

He noted that Hanoi's recurrent expenditure ratio of around49-51% is very ideal and its rate of domestic revenue (mainly from the strengthof the economy) is large.

The city has regularly reviewed suspended projects and thosethat were behind schedule, he added.

The top legislator also pointed to shortcomings that need tobe promptly tackled in the time to come.

Hue advised the city count unused arable areas and examinethe encroachment and illegal use of the land.

It is necessary to conduct early land planning and calculateto have room for development, making the most of land resources, the NA leaderstressed./.
VNA
#Hanoi #thrift practice #wastefulness prevention and control #Vuong Dinh Hue #vietnam #vietnam news agency #vietnamplus Ha Noi
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