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State budget revenue rises 7.5 percent in January

The state budget revenue is estimated at 144.6 trillion VND (over 6.2 billion USD) in January, up 7.5 percent from a year earlier, the Ministry of Finance said on February 1.
State budget revenue rises 7.5 percent in January ảnh 1The headquarters of the Hanoi Taxation Department. The state budget revenue increased 7.5 percent year on year in January (Photo: VNA)

Hanoi (VNA) – The state budget revenue isestimated at 144.6 trillion VND (over 6.2 billion USD) in January, up 7.5percent from a year earlier, the Ministry of Finance said on February 1.

The figure includes 120.5 trillion VND indomestic revenue and 4.5 trillion VND in crude oil revenue, up 5.3 percent and5.7 percent, respectively. The revenue from import-export is about 19.5trillion VND.

Meanwhile, the state budget’s spending was some92.9 trillion VND in January, meeting the demand of regular expenditure onsocio-economic development, defence, security, state management, socialwelfare and debt repayment.

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

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