NA Chairman Vuong Dinh Hue at the meeting with the Finance Ministry on August 23, 2022. |
The Ministry reported that 1.5 billion USD in State budget spending was saved and six district-level and nearly 550 communal-level localities were cut in the past 5 years. Up to 74,000 people were removed from the State payroll from 2015-2020.
At the meeting, NA Chairman Vuong Dinh Hue emphasised the need to comply with the Law on Thrift Practice and Wastefulness Prevention, which is performing a task at a lower cost and using the same resources to generate higher added value.
Another aspect of the practice is to fine-tune regulations and policies to remove bottlenecks in terms of personnel, material, and financial resources, he noted.