Press Release No. 2, 5th Extraordinary Session, 15th National Assembly

In the morning, under the direction of Vice Chairman of the National Assembly Tran Quang Phuong, the National Assembly listened to: (1) Minister of Finance Ho Duc Phoc, authorized by the Prime Minister, presented a report and Chairman of the National Assembly's Ethnic Council Y Thanh Ha Nie Kdam presented a report on the verification of the draft Resolution on a number of specific mechanisms and policies to implement national target programs; (2) Minister of Finance Ho Duc Phoc, authorized by the Prime Minister, presented a report and Chairman of the National Assembly's Finance and Budget Committee Le Quang Manh presented a report on the verification of the supplement to the Medium-term Public Investment Plan of the central budget for the period 2021 - 2025 from the general reserve fund corresponding to the increased central budget revenue in 2022 for public investment tasks and projects and the supplement to the Medium-term Public Investment Plan for Vietnam Electricity Group from the reserve fund of the Medium-term Public Investment Plan. Then, the National Assembly discussed in groups about the above contents.

Afternoon, content 1 (from 2:00 p.m. to 3:00 p.m.):

Under the direction of Vice Chairman of the National Assembly Tran Quang Phuong, the National Assembly discussed in the hall the draft Resolution on a number of specific mechanisms and policies to implement national target programs.

At the discussion session, 9 delegates spoke, in which the delegates basically agreed with the Government's submission and the Nationalities Council's review report; they said that the issuance of the resolution was necessary to remove difficulties and obstacles, creating favorable conditions for localities to speed up the implementation of national target programs.

In addition, delegates focused on discussing: the name and scope of the draft resolution; the authority to issue the resolution; explanation of terms and implementation time of the resolution; feasibility and suitability of mechanisms and policies (on allocation and assignment of annual central budget regular expenditure estimates; on adjustment of state budget estimates, adjustment of annual capital investment plans; on promulgation of regulations on procedures, criteria, and sample dossiers for selecting production development projects; on assignment of medium-term public investment plans and annual capital investment for small-scale, technically uncomplicated construction investment projects; on use of state budget in cases where production development project owners are assigned to purchase goods for production development activities; on management and use of assets formed from production development support projects; on entrustment of local budget balance capital through the social policy bank system; on mechanism solutions and pilot decentralization to district level to implement national target programs); issues related to auditing.

Content 2 (from 3:00 p.m. to 3:30 p.m.):

Under the direction of Vice Chairman of the National Assembly Nguyen Duc Hai, the National Assembly discussed in the hall about supplementing the Medium-term Public Investment Plan of the central budget capital for the period 2021 - 2025 from the general reserve source corresponding to the increased central budget revenue in 2022 for public investment tasks and projects and supplementing the Medium-term Public Investment Plan for Vietnam Electricity Group from the reserve source of the Medium-term Public Investment Plan.

At the discussion session, two delegates spoke, in which the delegates highly appreciated the Government for promptly completing the dossier to submit to the National Assembly, basically agreeing with the content of the draft Resolution.

In addition, delegates focused on discussing: allowing the use of VND 63,725 billion from the general reserve fund corresponding to the increased central budget revenue in 2022 for public investment tasks and projects; the suitability, urgency, efficiency and ability to balance capital for the list of projects according to the Government's submission; supplementing the Medium-term Public Investment Plan for Vietnam Electricity Group from the reserve fund of the Medium-term Public Investment Plan for the period 2021 - 2025 to implement the Project of supplying electricity from the national grid, Con Dao district, Ba Ria - Vung Tau province.

At the end of the discussion session, Chairman of the National Assembly's Finance and Budget Committee Le Quang Manh spoke to explain a number of issues raised by National Assembly deputies.

Wednesday, January 17, the National Assembly is on recess. National Assembly agencies, the Government and relevant agencies receive, revise and finalize draft laws and draft resolutions.