State budget collection up by 17% from last year

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State budget collections reached an estimated VND576 trillion (US$27.1 billion) in the first eight months, completing 73.7 per cent of the year's budget forecast.

The State budget collection sees an increase of 17 per cent compared with the same period last year. — Photo vir.com.vn

HA NOI (Biz Hub) — State budget collections reached an estimated VND576 trillion (US$27.1 billion) in the first eight months, completing 73.7 per cent of the year's budget forecast.

The figure increased by 17 per cent compared to the same period last year, according to a report by the Ministry of Finance.

Budget expenditure in the first eight months was estimated at VND681 trillion ($32 billion), or 67.7 per cent of the annual forecast, a year-on-year increase of 11.9 per cent.— VNS



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