State budget collection tops $9.3 billion in two months

Mar 3rd at 08:08
03-03-2020 08:08:01+07:00

State budget collection tops $9.3 billion in two months

Total State budget collection was estimated at VND214.2 trillion (US$9.31 billion) in the first two months of this year, or 14.2 per cent of the yearly estimate, reported the General Statistics Office on February 29.

 

Of the figure, VND179.8 trillion was domestic revenue, VND8.6 trillion came from crude oil, and VND25.9 trillion from exports-imports.

In domestic budget collection, VND21.3 trillion was from State-owned enterprises, VND36.5 trillion from foreign-invested firms, exclusive of crude oil, VND42 trillion from industry and trade taxes and non-State services, and VND15.3 trillion from individual income tax.

In the same period, total State expenditures stood at VND145 trillion, or 8.3 per cent of the estimate. Of which, VND116.1 trillion was regular spending, VND7.4 trillion for development investment, and VND21.4 trillion for debt interest payment.

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