Tag: expenditure
Vietnam gov’t spends nearly US$770 million to support efforts against Covid-19
As of July 20, the government delayed a payment worth VND47.6 trillion (US$2.04 billion) of land rental fees and taxes for enterprises, organizations and household businesses.
Vietnam fiscal deficit widens to US$4.57 billion in 8 months on Covid-19
As of August 15, budget revenue collection reached VND812.2 trillion (US$35.04 billion), equivalent to 53.7% of the year's estimate.
Covid-19 pushes Vietnam fiscal deficit to nearly 6% of GDP
Such a high fiscal deficit is due to low state budget revenue and increase in regular spending under the severe Covid-19 impacts.
Struggling to balance State budget
The State budget collection this year is projected not to reach the estimate amid rising expenditure and declining fees and charges.
Vietnam finance ministry releases state budget estimate for 2021
The release of these figures is a key step in promoting transparency and publicity of Vietnam’s state budget.
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