According to the Ministry of Finance, of the 63 localities nationwide, eight saw annual increases in their collection revenue, while the 55 others recorded decreases.

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Minister Ho Duc Phoc said due to objective reasons, some sources of revenue declined significantly, such as the environmental protection tax on gasoline and oil and revenue from houses and land, which went down by over 38% and 53% year-on-year, respectively.

The official noted the collection work has so far ensured progress to meet the 2023 estimate of more than 1.62 quadrillion VND. However, difficulties are abundant for the remaining part of the year.

The ministry said the total State budget expenditure for the first seven months reached 957 trillion VND, or 46.1% of the estimate, marking a 13.7% increase from the same period in 2022.

Lawmakers review performance of socio-economic development, state budget plans

Full-time lawmakers offered their opinions on the Government’s report and the NA’s Economic and Financial-Budget Committees’ reports on examining the implementation results of socio-economic development and state budget plans for 2022 and the first months of 2023.

State budget revenues hit 645.4 trillion VND in first four months

The total State budget revenue in the first four months of this year reached 645.4 trillion, reaching 39.8% of the estimate and 95% of the same period last year, according to the Ministry of Finance’s report, on the implementation of state budget revenue and expenditure in April 2023.

PPC Chairman Le Anh Duong urges to speed up public investment disbursement, budget revenue

(BGO)- The provincial People’s Committee of Bac Giang province (PPC) on April 19 organised the monthly meeting hosted by the PPC Chairman Le Anh Duong. The meeting was attended by Nghiem Xuan Huong, Vice Chairman of the provincial People’s Council.

Bac Giang accelerates progress of public investment disbursement, increases budget collection

(BGO) – The People’s Committee in Bac Giang province (PPC) on March 21 held regular meeting in March under the chair of PPC Chairman Le Anh Duong

PM applauds USAID’s increased development budget for Vietnam

Prime Minister Pham Minh Chinh applauded the US Agency for International Development (USAID) for continuing to increase development budget for Vietnam while receiving USAID Administrator Samantha Power in Hanoi on March 10.

Source: VNA