State budget collection up 15.6% in seven months

Update: 10:14 | 11/08/2021

Total state budget revenue reached VND912.1 trillion (US$39.74 billion) in the first seven months of 2021, equalling 67.9% of the estimate and up 15.6% year-on-year, announced the Ministry of Finance.

The ministry said the domestic collection during January-July hit VND744 trillion, 65.6% of the estimate and increasing by 12.9% year-on-year.

State budget collection, seven months, Covid-19 pandemic, year-on-year increase, domestic collection

Total state budget revenue reached VND912.1 trillion (US$39.74 billion) in the first seven months of 2021.

Revenue from import-export activities were VND145.4 trillion, equivalent to 81.5% of the estimate and up 37.5% annually.

Meanwhile, state budget spending was estimated at VND810.6 trillion during the period, equal to 48% of the estimate.

A total of VND4.2 trillion from the central budget and nearly VND2.4 trillion from local budgets were channelled into the fight against Covid-19 prevention and control.

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Source: NDO/VNA

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