State budget revenue rises 7.5% in January

ABO/NDO – The state budget revenue is estimated at VND144.6 trillion (over US$6.2 billion) in January, up 7.5% from a year earlier, the Ministry of Finance said on February 1.

State budget revenue in January 2019 increases by 7.5% year on year.

The figure includes VND120.5 trillion in domestic revenue and VND4.5 trillion in crude oil revenue, up 5.3% and 5.7%, respectively. The revenue from import-export is about VND19.5 trillion.

Meanwhile, the state budget’s spending was some VND92.9 trillion in January, meeting the demand of regular expenditure on socio-economic development, defence, security, state management, social welfares and debt repayment.

 

The ministry noted that under the direction of Prime Minister Nguyen Xuan Phuc, it has delivered nearly 44,000 tonnes of rice sourced from the national rice reserve for underprivileged people in the between-crop period and students in disadvantaged areas ahead of the Lunar New Year festival.

 

In the coming months, the Finance Ministry will continue working to ensure sufficient funding for the approved activities and necessary circumstances. It will also step up tax inspections and post-customs clearance examinations so as to ensure budget collection.