Khanh Hoa: Local government bonds for debt to be issued from August 1, 2022?
- Khanh Hoa: Local government bonds for debt to be issued from August 1, 2022?
- What are the regulations on planning management in Khanh Hoa province in the near future?
- What are the regulations on separating compensation, support, resettlement and site clearance projects from public investment projects in Khanh Hoa?
Khanh Hoa: Local government bonds for debt to be issued from August 1, 2022?
Pursuant to Article 3 of Resolution 55/2022/QH15 stipulating as follows:
“Article 3. Financial and state budget management
1. Annually, the central budget shall supplement with the target for the provincial budget not to exceed 70% of the increase in central budget revenue from the revenues divided between the central budget and the provincial budget compared with the estimate approved by the Prime Minister (the remainder after the implementation of bonuses in excess of revenue as prescribed in Clause 4, Article 59 of the Law on State Budget No. 83/2015/QH13 has been amended and supplemented with a number of articles under Law No. 59/ 2020/QH14) and 100% central budget revenues as prescribed at Points b, c, d, g, h, i and q, Clause 1, Article 35 of the Law on State Budget, which amends and supplements a number of articles under Law No. 59/2020/QH14 compared with the estimate assigned by the Prime Minister, but not exceed the total increase in central budget revenue in the locality compared to the previous year's collection and the central budget does not lose revenue. The determination of the supplement is targeted on the basis of total receipts, not counting each revenue separately.
2. The province is entitled to borrow through the issuance of local government bonds, loans from domestic financial institutions, other domestic organizations and from foreign loans of the Government to re-loan the province with the total outstanding loan balance. does not exceed 60% of the provincial budget revenues as decentralized. The total amount of loans and overspending of the provincial budget every year shall be decided by the National Assembly in accordance with the provisions of the State Budget Law.
3. The province is allocated an additional 45% of expenditures calculated according to the population norm according to the principles, criteria and norms of allocation of recurrent expenditure estimates of the state budget in 2022 (the provisions of Clause 16, Article 5 of Resolution No. 01/2021/UBTVQH15 dated September 1, 2021 of the National Assembly Standing Committee stipulating principles, criteria and norms for allocation of recurrent state budget estimates in 2022 are not applicable) to make estimates of recurrent expenditures of the state budget in 2023 and during the implementation of this Resolution.
4. The Provincial People's Council decides to allow districts, towns and provincial cities to use district budgets, towns, cities and other lawful sources to support Khanh Son and Khanh Vinh districts in prevention, control and overcoming of consequences of natural disasters and epidemics, implementation of national target programs on sustainable poverty reduction, new rural construction and socio-economic development in ethnic minority areas and mountains.”
Thus, the financial management and state budget of Khanh Hoa province in the near future will be implemented in accordance with the above regulations. Accordingly, Khanh Hoa province can borrow money through the issuance of local government bonds.
Khanh Hoa: Local government bonds for debt to be issued from August 1, 2022?(Image from the internet)
What are the regulations on planning management in Khanh Hoa province in the near future?
Pursuant to Article 4 of Resolution 55/2022/QH15 stipulating as follows:
“Article 4. Planning management
On the basis of the planning project on construction of functional areas and urban planning approved by the Prime Minister, the Prime Minister shall decide on decentralization to the Provincial People's Committee to approve the local adjustment of regulations on general planning on construction of functional areas, partial adjustment of urban general planning according to the order and procedures prescribed by the Prime Minister and report to the Prime Minister on implementation results.”
Thus, the People's Committee of the province will approve the partial adjustment of the general planning according to the order and procedures prescribed by the Prime Minister and report on the implementation results to the Prime Minister.
What are the regulations on separating compensation, support, resettlement and site clearance projects from public investment projects in Khanh Hoa?
Pursuant to Article 6 of Resolution 55/2022/QH15 stipulating as follows:
"Article 6. Separation of compensation, support, resettlement and ground clearance projects from public investment projects
1. The Provincial People's Council decides the investment policy of the overall project with the scale of Group B projects in the field of transport and irrigation in accordance with the law on public investment, has the right to decide to allow the separation. especially the compensation, support, resettlement, site clearance work as an independent project when approving the investment policy of the overall project; decide on the objectives, scale, total investment, capital structure, investment location of the compensation, support, resettlement and site clearance project in the overall project investment policy decision.
2. Based on the overall project investment policy, the President of the Provincial People's Committee shall decide to invest in and adjust the compensation, support, resettlement and site clearance project within the scope of objectives and regulations. scale, total investment, capital structure, location of the overall project.
In case of adjustment of compensation, support, resettlement, site clearance projects that require adjustment of investment policy of the overall project, the Provincial People's Council shall adjust the investment policy of the overall project before the Chairman of the Provincial People's Committee adjusts the investment policy of the overall project. The adjustment of the overall project investment policy and the adjustment of compensation, support, resettlement and site clearance projects shall comply with the law on public investment and other relevant laws.
3. The decision on investment in compensation, support, resettlement and site clearance projects is the basis for competent authorities to decide on allocation of annual public investment plan capital for implementation, and at the same time is the basis for a basis for the state agency competent to recover land to issue a notice of land recovery or a decision on land recovery.
4. The Provincial People's Council promulgates a list of public investment projects that separate the compensation, support, resettlement and site clearance projects from the public investment projects specified in this Article.
Accordingly, the separation of compensation, support, resettlement and site clearance projects from public investment projects in Khanh Hoa will be carried out according to the above provisions.
Resolution 55/2022/QH15 will take effect from August 1, 2022.
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