Provincial People's Committee evaluates the results of State budget revenue and expenditure in 10 months of 2019

06/11/2019 10:11

(BNP) – In the afternoon of November 4th, Nr. Nguyen Tien Nhuong, Permanent Vice Chairman of Provincial People’s Committee had a working session with relevant departments and sectors to evaluate the results of State budget revenue and expenditure in the first 10 months, tasks for the last 2 months of 2019 and make a budget estimate for 2020.

Permanent Vice Chairman Nguyen Tien Nhuong speaks at the meeting.

According to a report of the Department of Finance, the total province’s state budget revenue in the first 10 months of 2019 reached VND 25,966 billion, equaling 95% of the estimate. Of which, domestic revenue was VND 20,831 billion, equaling 99% of the estimate; customs revenue reached VND 5,136 billion Dong, equaling 82% of the estimate.

Local budget expenditure reached VND 13,915 billion, as 78.5% of the estimate, among which, development investment expenditure was VND 7,881 billion; frequent expenditure was VND 5,995 billion.

Forecast of 2019, the total provincial state budget revenue will reach VND 29,218 billion, equal to 107% of the estimate, among which, domestic revenue reaches VND 22,968 billion, equal to 109% of the estimate and customs revenues reaches VND 6,250 billion, equal to 100% of the estimate.

For the budget revenue and expenditure estimates in 2020, the total State budget revenue in the province is VND 29,326 billion, equal to 107% of the 2019 estimate; total local budget expenditure is VND 19,355 billion.

In the coming time, Permanent Vice Chairman Nguyen Tien Nhuong assigned relevant departments and sector to propose solutions for budget revenue and expenditure estimates in 2020.