State Budget Revenue Up 11.2 per cent to US$5.2Bln in Jan-April
Vietnam’s state budget revenue in the first four months of 2007 is estimated to have increased 11.2 per cent on-year to VND83.15 trillion (US$5.2 billion), a state media said.
The figure accounts for 29.5 per cent of the target for the whole year. State budget expenditure is estimated to reach VND102.45 trillion ($6.4 billion), or 28.7 per cent of the annual plan and an increase of 14.8 per cent against the same period last year.
Spending on investment and development was VND25.4 trillion, making up 25.5 per cent of the plan. Payment for debts and aid was reported at VND14.8 trillion, equivalent to 30.1 per cent of the whole year’s target.
In April alone, state coffers reaped a total VND21.6 trillion, including VND12.8 trillion from domestic taxes, VND4.7 trillion from crude oil, VND3.9 trillion from import-export taxes, and VND300 billion from non-refundable aid.
In the 2007 state budget plan passed by the National Assembly, Vietnam targets total budget revenue at VND281.9 trillion ($17.6 billion), spending at VND354.9 trillion ($22.2 billion), and state budget deficit of VND56.9 trillion ($3.6 billion). (Vietnam Economic Times, GSO Apr 2007)
Vietnamese
