Budget revenue in October increased by 5%
13:27 06/01/2021
According to the report of the Department of Statistics, the province's budget revenue in October was estimated at 3,110.3 billion, up 5% over the previous month and 5.5% higher than the same month last year. In which, domestic revenue reached 2,589.3 billion, up 11.7% and 6.7%.

Accumulated in 10 months of 2020, total state budget revenue reached 24,958.8 billion, reaching 85.1% of the estimate and down 1.1% over the same period last year. Some revenues account for a large proportion and decrease in revenue, such as: revenues from central state enterprises; revenues from FDI enterprises; tax collection outside the state; personal income tax collection; Revenue from customs ...

State budget expenditure shall be basically according to the estimated schedule, ensuring important tasks arising in the prevention of natural disasters, epidemics, health, social security, national defense and security. In October, total budget expenditure was estimated at VND 1,808 billion, down 8.5% from the previous month and down 4.4% from the same month last year.

In the first 10 months, total budget expenditure is 16,333.6 billion dong, of which, spending for investment and development is 9,752.4 billion dong, recurrent expenditure is 6,563.9 billion dong./.
Source: baobacninh.com.vn Translated by Nguyen Mai Huong, Chief of Office, Bac Ninh IZA
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