Paid 1,100 billion VND in benefits according to Decree 178

Responding to press questions regarding payments under Decree No. 178/2024/ND-CP of the Government on policies and regimes for cadres, civil servants, public employees, and workers implementing the organizational arrangement of the political system, Deputy Director of the State Treasury Ngo Thi Nhung said that so far the budget has paid about 1,100 billion VND in regimes for 1,200 people.

Deputy Director of the State Treasury Ngo Thi Nhung informed at the meeting. Photo: TH

According to Ms. Ngo Thi Nhung, on March 15, 2025, the State Treasury (KBNN) completed the organization arrangement according to a 2-level model.

The most notable result is that the State Treasury has successfully cut 465 focal points, reaching a rate of over 44%, from 1,047 to 582 focal points. Despite the large reduction, regional State Treasuries have effectively coordinated with local financial agencies in budget management advice and continued to serve transactions well through the application of information technology and professional improvement.

Accumulated state budget revenue in the balance sheet up to May 31, 2025 reached VND 1,152,435 billion, equal to 58.59% of the 2025 estimate, an increase of 26.73% over the same period in 2024.

Regarding regular expenditures, up to the above time, the State Treasury system has made payments of VND 484,489 billion, equal to 38.2% of the estimate (excluding debt repayment, aid, and additional expenditures for financial reserve funds and contingencies).

This expenditure level is VND 28,589 billion higher in value than the same period in 2024. The expenditures are controlled to ensure they are within the approved budget, in accordance with the content, purpose, standards and norms.

Regarding payment of public investment capital through the State Treasury, it is expected that by June 10, 2025, the cumulative payment of public investment capital in 2025 controlled through the State Treasury will reach VND 201,439.2 billion, equal to 28.2% of the total capital source under the extended capital plan and the 2025 capital plan assigned by the Prime Minister (the plan is VND 715,155.3 billion).

If calculated according to the total capital source of the extended capital plan and the 2025 capital plan assigned by the Prime Minister and the Provincial People's Committee, this figure reaches 26.5% (the plan is 759,224.2 billion VND).

Of which, the cumulative payment of public investment capital through the State Treasury under the 2025 plan is 190,183.9 billion VND, equal to 28.9% of the plan assigned by the Prime Minister (the plan is 657,601.7 billion VND).

By the end of May, the total volume of government bonds issued was VND 170,917 billion, equivalent to 34.2% of the 2025 plan. The average government bond issuance term was 9.95 years, the average maturity of the government bond portfolio was 8.93 years, and the average issuance interest rate in 2025 was 2.9%/year.

The total principal and interest of corporate bonds due in the first 6 months of 2025 is VND 137,786 billion; of which the principal is VND 86,540 billion and the interest is VND 51,246 billion.

Source: https://hanoimoi.vn/da-chi-tra-che-do-1-100-ty-dong-theo-nghi-dinh-178-705868.html