Vietnam H1 State Budget Deficit Likely at VND31.5T by Mid-July
Vietnam’s state budget deficit widened to VND31.5 trillion by mid-July, equal to 12% of the country’s total budget revenues in the period, the Ministry of Planning and Investment said in a report.
The state budget revenues were estimated at VND265.4 trillion during the period, fulfilling 57.5% of the full-year estimate, while the expenditures were VND297 trillion, the ministry said.
The National Assembly, the country’s top legislative body, has approved a budget deficit of VND119.7 trillion for this year, or 6.2% of the country’s GDP with state budget revenues of VND462.5 trillion and spending of VND582.2 trillion. (
www.vietstock.vn))
Vietnamese
