Viet Nam spends nearly US$ 1 bln on COVID-19 fight
VGP – Viet Nam has spent VND 21.5 trillion (US$ 0.93 billion) from its budget for pandemic prevention and control from early 2020 to late June 2021, the Ministry of Finance has reported.
During the pandemic time, both central and local budgets have given priority to disease prevention and subsidies for vulnerable people to cope with the pandemic effects.
The above figure includes VND 4.65 trillion spent in the first half of 2021, the ministry added.
Among the total, VND 8.4 trillion was for procurement of vaccines, medical facilities, financial support for quarantined people and frontline workers.
In addition, the Government provided two packages worth VND 13.1 trillion (US$ 568.6 million) in supporting people affected by the pandemic in accordance with Resolution 42/NQ-CP, dated April 9, 2020 and Resolution 154, dated October 19, 2020.
In the first six months this year, total budget revenue hits VND 781 trillion, accounting for 58.2% of the forecast, representing 16.3% of year-on-year increase, which is quite positive despite the fact that Viet Nam has been hit hard by COVID-19.
Domestic revenue reaches 56.3% of the forecast, up 13.9%. Budget revenue from crude oil accounted for 80.7% of the forecast, down 12.2% against the same period last year.
Meanwhile, State budget spending valued VND 694.4 trillion./.
By Khanh Phuong
