State budget collection tops 9.3 billion USD in two months
Updated : 3/2/2020 3:28:02 PM (GMT+0700)

Total State budget collection was estimated at214.2 trillion VND (9.31 billion USD) in the first two months of this year, or14.2 percent of the yearly estimate, reported the General Statistics Office onFebruary 29.

Illustrative image - Photo: Reuters

Of the figure, 179.8 trillion VND was domestic revenue, 8.6trillion VND came from crude oil, and 25.9 trillion VND from exports-imports.

In domestic budget collection, 21.3 trillion VND was fromState-owned enterprises, 36.5 trillion VND from foreign-invested firms,exclusive of crude oil, 42 trillion VND from industry and trade taxes andnon-State services, and 15.3 trillion VND from individual income tax.

In the same period, total State expenditures stoodat 145 trillion VND, or 8.3 percent of the estimate. Of which, 116.1 trillionVND was regular spending, 7.4 trillion VND for development investment, and 21.4trillion VND for debt interest payment.

Source: VNA

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