Total state budget revenue in Bac Ninh province increases 147 times compared to 1997

Illustrative photo.

In 1997, the state budget revenue only reached 198 billion VND, not meeting the spending needs, the central budget had to support a part. By 2023, the total state budget revenue is estimated at 29,115 trillion VND, 147 times higher than in 1997. Bac Ninh is currently one of 18 provinces and cities that balance and regulate the central budget.

In 1997, the state budget revenue reached VND 198 billion. By 2023, total state budget revenue was estimated VND 29,115 trillion, or 147 times larger than in 1997. Currently, Bac Ninh is one of 18 provinces and cities responsible for balancing and regulating the government budget.

In particular, in the first 9 months of 2024, state budget revenue was estimated at VND 24,354 billion, reaching 78% of the estimate, up 20.5% over the same period in 2023. Local budget expenditure was estimated at VND 11,424 billion, reaching 54.1% of the estimate, up 10.6% over the same period.