Total budget revenue reaches more than VND 9,000 billion in first quarter

03/04/2020 09:14

(BNP) - In the first 3 months of 2020, total state budget revenue in the province was estimated at VND 9,168.1 billion, reaching 31.3% of yearly estimate and decreasing 2.7% compared to the first quarter of 2019.

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According to Statistics Office, domestic revenue in the first 3 months was estimated at VND 7,576.8 billion, accounting for 82.6%, reaching 33.3% of the estimate and decreasing 4.3%. Some domestic revenues maintained a significant increase compared to the first quarter of 2019 such as revenue from customs; revenue from Central State enterprises; revenue from FDI enterprises; collection of environmental protection tax.

In the first quarter, total local budget expenditure was estimated at VND 6,387.6 billion, up 32.7% of the yearly estimate and 0.4% compared to the first quarter of 2019. In particular, expenditure for development investment VND was 2,740.5 billion; frequent expenditure was VND 1,760 billion.