Government to keep close eye on cost of key products hinh anh 1Illustrative image (Photo: VNA)


The finance ministry said it would continue to tighten price management over key products such as electricity, coal, petrol and public services in the last months of the year to ensure market stability.

This is one of the key tasks to be taken by the ministry during the last quarter of the year, said Deputy Minister Vu Thi Mai at a press briefing held on October 2 to review the implementation of financial tasks and the State budget in the past three quarters.

Regarding the State budget, the ministry reported that budget collection in the past nine months reached 683 trillion VND (30.3 billion USD), a year-on-year increase of seven percent.

Of which, nearly 51.8 trillion VND (2.3 billion USD) was collected from crude oil, down 34.8 percent year-on-year.

Collection from import and export activities reached 123 trillion VND (5.4 billion USD) during the nine-month period.

During the period, the country's total State budget spending was estimated at nearly 824 trillion VND (36.6 billion USD), equivalent to 72 percent of the estimates and posting a 7.8 percent year-on-year rise.-VNA