State budget revenue stood at about 362.3 trillion VND in the first two months of 2023. (Photo: VNA) Revenue from domestic sources reached23.6% of its target and increased 17%. Crude oil grew to 25.7% of the target, up 13.2%, and from foreign trade 15% of the target and equivalent to 74.5% ofthat in the same period last year.
Thirty-six of the 63 provinces andcentrally-run cities nationwide recorded state budget revenue topping 18% ofthis year’s targets for them. This includes Hanoi at 31.8%, Bac Giang at 26.4%, Lang Son at 25%, Kien Giang at 24.8%, Bac Ninh saw 24.7%, and Hai Duong reached 24.2%.
Twenty-four localities saw the collectionhigher than in the same period of 2022, and 39 others were lower.
Meanwhile, nearly 242 trillion VNDfrom the state budget was spent in January and February, representing 11.7% ofthis year’s plan and rising 6% year on year, statistics show.
The Finance Ministry saidexpenditures in the two months were carried out as planned, meeting demand for socio-economicdevelopment, defence, security safeguarding, state management, debt repayment,and implementation of social security tasks./.
VNA
