State leader praises Treasury’s performance
The State Treasury has made important contributions to helping the country overcome the economic downturn last year, said State President Nguyen Minh Triet.
Mr Triet delivered his remarks on March 28 during his working visit to the Treasury on the occasion of its 20th anniversary.
He lauded the agency’s performance over the past years, saying that the State Treasury has not only managed the State budget well but also mobilised large amounts of capital for development through issuing the Government bonds.
However, the State leader urged the State Treasury to overcome its weaknesses and timely propose proper options and policies for the country’s sustainable economic development.
The Director General of the State Treasury, Nguyen Thi Nhon, said her agency is working with taxation and customs authorities on a tax reform scheme, under which tax payers will fulfill their obligations at banks instead of State Treasury branches.
The State Treasury has so far mobilised a total of VND350 trillion from the sale of Government bonds, helping balance the State budget.