In Ho Chi Minh City (Photo: VNA) HCM City (VNA) – HoChi Minh City’s total budget collection topped 471.5 trillion VND (nearly 20 billionUSD) as of December 28, or equivalent to 121.99% of the estimate and up 23.6% year on year, reported Directorof the municipal Department of Finance Le Duy Minh at a conference on the sameday.
Notably, revenue from export-import reached over141.4 trillion VND, equivalent to 121.4% of the estimate.
The city's total expenditure surpassed 72.39 trillion VND, equivalent to 72.6% of theestimate. Of which, over 29.47 trillion VND was for development and more than40.21 trillion VND for regular spending, equivalent to 82.6% of the estimate, he said.
Speakingat the event, Chairman of the municipal People’s Committee Phan Van Mai attributedsuch results to the city's good control of COVID-19 since early this year which created favourable conditions forenterprises to do business, increase in export turnover and deposits in bankswhich showed health and resilience of its economy.
For tasks next year, he requested improving the quality of public servicesand speeding up administrative reforms to create a pro-business environment.
Illustrative image (Photo: VNA) He also reminded authorities to accelerate the disbursement of over 72 trillionVND in public investment, and pooling all possible resources for the city’s development.
On the occasion, themunicipal People’s Committee presented certificates of merit to 66 districts,agencies and businesses in honour of their contributions to the local budgetrevenues, including 29 enterprises that paid over 1 trillion VND in taxes./.
