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Nov 15, 2016 / 12:34

State budget revenue for 2017 estimated at nearly 730 trillion VND

According to the resolution on State budget allocation for 2017, adopted by deputies during the ongoing second session of the 14th National Assembly on November 14, the total State budget revenue is estimated at 729.73 trillion VND (33.1 billion USD).

At the ongoing second session of the 14th National Assembly (NA) in Hanoi on November 14, deputies adopted a resolution on State budget allocation for 2017 with 82.15 percent of approval votes. Under the resolution, the total State budget revenue is estimated at 729.73 trillion VND (33.1 billion USD) while the spending is 902.03 trillion VND (41 billion USD), more than 254.63 trillion VND (11.57 billion USD) of which is for local budgets. 
NA deputies adopted a resolution on State budget allocation for 2017 with 82.15 percent of approval votes.
NA deputies adopted a resolution on State budget allocation for 2017 with 82.15 percent of approval votes.
The government required the ministries, agencies and local authorities to report the outcomes of budget allocation in line with the Law on State budget and requested prioritising capital into projects of national significance, urgent projects being invested, housing for ex-revolutionaries, public-private partnership projects, and corresponding capital for those using official development assistance. 
The NA Standing Committee, the NA’s Finance-Budget Committee, Ethnic Council and other committees, and lawmakers are responsible for monitoring the effort. 
In the morning, the deputies deliberated the draft law on irrigation, focusing on the development of irrigation systems and services.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong accounted for some issues in the field.
Discussing the draft Law on irrigation, a majority of deputies underscored the need to issue the law, saying that it should reflect the Party and State’s stance on irrigation activities and orientations to the development of irrigation infrastructure until 2020. 
Several opinions called for switching mechanisms on irrigation fees to irrigational service prices to ensure the effective use of irrigational works and save water. 
Lawmakers also gave their feedback on the safety of irrigational works, irrigation strategy and planning, among others.
In the afternoon, the deputies discussed about the draft resolution on stopping the implementation of a nuclear power plant in the central province of Ninh Thuan.
Deputy Prime Minister and Foreign Minister Pham Binh Minh delivered a report on the situation in the East Sea.
On November 15, legislators will hear a report on the monitoring of handling petitions that voters sent to the 11th session of the 13th legislature.
The NA will begin hearings the same day, which will be broadcast live on national television and radio.