Hanoi (VNA) - National Assembly Chairman Tran Thanh Man has endorsed a resolution supplementing the state budget revenue estimate for 2022 and approving the state budget settlement for the same year.
The resolution outlines the allocation and use of increased revenue sources and regular savings for the 2022 state budget, amounting to over 3.1 trillion VND (129.1 million USD), comprising an increase of 972 billion VND in central budget revenue and 2.13 trillion VND in local budget revenue.
The detailed state budget settlement for 2022 reveals a total revenue of more than 2.71 quadrillion VND and expenditures of over 2.89 quadrillion VND. This resulted in a deficit of over 293.3 trillion VND, or 3.07% of the country's gross domestic product (GDP).
The NA tasked the Government with publicly announcing the state budget settlement 2022 in line with legal regulations./.
