State budget collection up 15.6 percent in seven months

Illustrative photo (Source: VNA)

Hanoi (VNA) - Total state budget revenue reached912.1 trillion VND (39.74 billion USD) in the first seven months of 2021, equaling 67.9percent of the estimate and up 15.6 percent year-on-year, data released by the Ministryof Finance on August 9 showed.

The ministry said the domestic collection duringJanuary-July hit 744 trillion VND, 65.6 percent of the estimate and increasingby 12.9 percent year-on-year.

Revenue from import-export activities were 145.4trillion VND, equivalent to 81.5 percent of the estimate and up 37.5 percent annually.

Meanwhile, state budget spending was estimated at 810.6trillion VND during the period, equal to 48 percent of the estimate.

A total of 4.2 trillion VND from the central budget and nearly2.4 trillion VND from local budgets were channeled into the fight against COVID-19 prevention andcontrol./.

VNA