Ha Noi Budget funds estimated at $2.94b in H1

Tuesday, Jun 17, 2014 08:00

The collection rises 5.3 per cent against the same period last year and meets 49.5 per cent of the annual plan.— Photo nguoiduatin

HA NOI (Biz Hub) — Ha Noi is estimated to collect VND62.5 trillion ($2.94 billion) of the State budget in the first half of this year, making it to the list of top State budget collection cities and provinces nationwide, reported the Government's portal chinhphu.vn.

The collection rises 5.3 per cent against the same period last year and meets 49.5 per cent of the annual plan.

The city's State budget spending in the period is estimated at VND21.024 trillion ($991.6 million), fulfilling 45.2 per cent of the annual plan.

In the second half of the year, Ha Noi will focus on boosting the State budget collections through improving management, preventing losses and handling tax arrears.— VNS

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