Eight-month budget collection increases by nearly 14 percent
Sunday, 09/09/2018 11:10 (GMT+7)
Total budget collection in the January-August period was estimated at VND871.8 trillion (USD37.3 billion), or 66.1 percent of the yearly estimates, an increase of 13.8 percent year on year, according to the Finance Ministry.Of the figure, domestic revenues were estimated at VND695.8 trillion, up 14.8 percent from the same period last year, and meting 63.3 percent of the yearly estimates.
Total budget collection in the January-August period was estimated at VND871.8 trillion (USD37.3 billion). (Photo: VNA)
The Finance Ministry said 44 out of the country’s 63 provinces and centrally-run cities met the scheduled pace of budget collection, meaning they have collected 67 percent or more of the yearly estimates; and 60 localities reported higher budget collection than in the same period last year.
Accumulated budget revenues from import-export activities were around VND199.7 trillion, while revenue from crude oil was nearly VND40.9 trillion.
In the same period, budget expenditures came to VND873.5 trillion, up 10.2 percent on a yearly basis, and equivalent to 57.3 percent of the yearly estimates.
More than VND176.8 trillion of investment in capital construction was disbursed in the past 8 months, meeting 44.24 percent of the plan assigned by the National Assembly and 45.57 percent of the plan set by the Prime Minister.
The Government raised VND119.26 trillion from the sale of Government bonds in the period./.
CPV/VNA
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