Eight-month budget revenue meets 63.5% of year's estimate

The State budget revenue in the first eight months of 2015 was posted at VND578.2 trillion (US$25.4 billion), equivalent to 63.5% of estimated figures for the whole year, according to the General Statistics Office.

 

Of the total figure, eight-month domestic collection was recorded at VND429.4 trillion (US$19.1 billion), equal to 67.2% of the year's estimate.

 

Of the figure, VND136.3 trillion (US$6 billion) came from state owned enterprises and VND85.8 trillion (US$3.8 billion) from foreign invested enterprises.

 

Revenue from crude oil was estimated at VND44.8 trillion (US$1.9 billion), while revenue from import-export activities was reported at VND101.5 trillion (US$4.5 billion).

 

In the meantime, the budget spending in eight months was VND690.8 trillion (US$30.7 billion), equivalent to 60.2% of the year's estimate.

 

In the period, the country spent VND106.7 trillion (US$4.7 billion) for developing infrastructure; nearly VND477.9 trillion (US$21.2 billion) for socio-economic development plans and defence activities; and VND100.5 billion (US$4.4 billion) for assistance and debt payments.

 

(Source: nhandan.org.vn)