Seventh-month state budget revenue nears 70% of yearly projection
The state budget revenue in the first seven months of this year was estimated at 1.18 quadrillion VND (46.69 billion USD), equivalent to 68.9% of the yearly projection and up 14.6% year-on-year.
Seventh-month state budget revenue nears 70% of yearly projection
Hanoi (VNA) – The state budget revenue in the first seven months of this year was estimated at 1.18 quadrillion VND (46.69 billion USD), equivalent to 68.9% of the yearly projection and up 14.6% year-on-year.
In July alone, the value stood at 150 trillion VND, the General Statistics Office said on July 29.
Meanwhile, the state budget spending was 152.6 trillion VND in the month, and 948.3 trillion VND in the January-July period, equivalent to 44.7% of the yearly projection, and a year-on-year rise of 0.6%.
Hanoi’s seven-month state budget revenue reached 337.2 trillion VND, up 24.7% from the corresponding period last year, with state-owned enterprises contributing 54.2 trillion VND, and non-state firms, 70.2 trillion VND./.
The Government has issued a programme on practising thrift and fighting wastefulness in 2019, with one of the measures requiring cutting 10 percent of regular budget spending.
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