State budget revenue tops 7.27 bln USD in two months
The total State budget revenue topped 160 trillion VND (7.27 billion USD) in the first two months of this year, up 2.4 percent annually, according to the Finance Ministry.
Hanoi (VNA) – The total State budget revenue topped 160 trillion VND (7.27 billion USD) in the first two months of🍨 this year, up 2.4 percent annually, according to🍬 the Finance Ministry.
Of the figure, the domestic budget collection neared 140 trillion VND (6.36 billion USD), or 17.8 percent of the estimate.
Revenue from crude oil was on the decrease, reaching 5.77 trillion VND (262.2 million USD), equivalent to 10.6 percent of the estimate and 43.1 percent of the total reached in the same period last year.
Meanwhile, State budget collection from export-import activities stood at 31.2 trillion VND (1.41 billion USD), down 17.6 percent year-on-year.
Also according to the ministry, the State spent nearly 185.6 trillion VND (8.4 billion USD), or 14.6 percent of the estimate, resulting in a budget deficit of 25.47 trillion VND (1.15 billion USD), or 10 percent of the estimate.-VNA
The total state budget revenue in January was 95 percent of the revenue year-on-year due to about 66 percent fall in crude oil revenue, the Ministry of Finance said.
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Illustrative image (Source: VNA)
