State budget revenue hits over 19 bln USD in four months
Total revenue of the State budget reached 446.3 trillion VND in the first fourth months of 2018, equivalent to 33.8 percent of the yearly estimate and up 12.1 percent year-on-year, according to the Ministry of Finance.
Hanoi (VNA) - Total revenue of the State budget reached 446.3 trillion VND(19.57 billion USD) in the first fourth months of 2018, equivalent to 33.8percent of the yearly estimate and up 12.1 percent year-on-year, according tothe Ministry of Finance.
Domestic revenue, estimated at 368.1 trillion VND (16.14 billion USD), rose by 14.5percent from the same period last year. The figure was equal to 33.3 percent ofthe estimate.
Meanwhile, revenue from crude oil surged 27 percent year on year to 19.1trillion VND (837.5 million USD), accounting for 53.3 percent of the estimate.
Import-export activities contributed 90 trillion VND (3.94 billion USD) to theState budget, equivalent to 31.8 percent of the estimate.
In the reviewed period, State budget spending stood at 410 trillion VND (17.97billion USD), or 26.9 percent of the yearly estimate, up 4.6 percent annually.
Of the sum, development investment spending, debt payment and regular spending were65 trillion VND (2.85 billion USD), 41.75 trillion VND (1.83 billion USD), and 301.5trillion VND (1.83 billion USD), respectively.
Government bonds worth 46.46 trillion VND (around 2 billion USD) were issued inthe reviewed period, equivalent to 16.84 percent of the yearly target.
Disbursement of official development assistance (ODA) capital in the first fourmonths was estimated at 700 million USD, or 15.2 percent of the set plan.-VNA
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Illustrative image (Source: internet) 
