Budget collection hit VND 381 trillion
VGP – In the first quarter, budget collection valued VND 381 trillion, equivalent to 27% of estimates, up 13.2% against the same period last year, the Ministry of Finance reported on April 4 in Ha Noi.
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Source: VGP |
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In Q1, budget spending was VND 315 billion while total budget collection hit VND 381 billion.
In the reviewed period, budget collection valued VND 315 billion, accounting for 26.9% of estimates, up 13.8% against the same period last year. Up to 49 out of 63 localities met estimates progress (above 24%).
Regarding crude oil, revenue budget valued VND 12.2 billion, equivalent to 27.5% of estimates. The figure decreased 14.3% against the same period last year.
After conducting VAT refunds (with VND 27.8 billion), State budget collection was about VND 53 trillion, equivalent to 28% of estimates, up 17.7% against the same period last year.
Total budget spending valued VND 237 billion, equivalent to 23.7% of estimates, up 5.3% against the same period last year./.
By Khanh Phuong
