Investment capital from the State Budget in July estimates at VND57.6 trillion
Investment capital comes from the State budget of some localities. |
According to the General Statistics Office, the investment capital from the State budget continues to be implemented by ministries, branches and localities. Specifically, the investment capital from the State budget in July 2024 is estimated to reach VND57.6 trillion, down 1.6% over the same period last year.
In the first 7 months of 2024, the investment capital from the State budget is estimated to reach VND301.5 trillion, meeting 40.6% of the annual plan and up 2.3% over the same period last year. Specifically, the central government-managed investment capital is estimated at VND51.9 trillion, meeting 44.9% of the annual plan and reflecting a 3.7% year-on-year decrease.
The investment capital was implemented by the Ministry of Transport at VND 31.8 trillion, down 20.9%; by Ministry of Agriculture and Rural Development at VND5.1 trillion, up 37.6%; by Ministry of Education and Training at VND 503.3 billion, up 6.6%; by Ministry of Health at VND483.6 billion, up19.5%; by Ministry of Natural Resources and Environment at VND324.5 billion, down 38.9%; by the Ministry of Industry and Trade at VND302.5 billion, up 10.3%.
The local government-managed investment capital is estimated to go up 3.6% year-on-year to VND249.6 billion, meeting 39.8% of the annual plan. Of which, provincial-level state budget capital rose 2.3% to about VND166.8 trillion, meeting 37.8% of the plan; the district-level state budget capital increased by 6.7% to VND 71.3 trillion, meeting 43.3% of the plan; the commune-level state budget capital increased by 5.15 to VND11.5 trillion, meeting 54.8% of the plan.
Related News
Public investment spending up 1.8% in first 10 months of 2024
10:03 | 08/11/2024 Finance
Many "big enterprises" pay taxes after enforcement
09:00 | 05/11/2024 Anti-Smuggling
Removing legal hurdles in regular spending for capital assets
09:02 | 05/11/2024 Finance
Proactively mobilizing financial resources from the budget to modernize tax management
08:39 | 21/09/2024 Finance
Latest News
Monetary policy forecast unlikely to loosen further
15:51 | 22/11/2024 Finance
World Bank outlines path for Vietnam to reach high income status
13:44 | 22/11/2024 Finance
Strictly control public debt and ensure national financial security 2025
09:26 | 22/11/2024 Finance
Revising the title of a draft of 1 Law amending seven finance-related laws
14:33 | 21/11/2024 Finance
More News
Transparency evates the standing of listed companies
09:47 | 21/11/2024 Finance
State-owned securities company trails competitors
14:46 | 20/11/2024 Finance
Strengthening the financial “health” of state-owned enterprises
09:23 | 20/11/2024 Finance
U.S. Treasury continues to affirm Vietnam does not manipulate currency
13:46 | 19/11/2024 Finance
Exchange rate fluctuations bring huge profits to many banks
13:43 | 19/11/2024 Finance
A “picture” of bank profits in the first nine months of 2024
09:42 | 19/11/2024 Finance
Many challenges in restructuring public finance
10:02 | 18/11/2024 Finance
Tax declaration and payment by e-commerce platforms reduces declaration points and compliance costs
09:19 | 17/11/2024 Finance
Disbursement of public investment must be accelerated: Deputy PM
19:32 | 16/11/2024 Finance
Your care
Monetary policy forecast unlikely to loosen further
15:51 | 22/11/2024 Finance
World Bank outlines path for Vietnam to reach high income status
13:44 | 22/11/2024 Finance
Strictly control public debt and ensure national financial security 2025
09:26 | 22/11/2024 Finance
Revising the title of a draft of 1 Law amending seven finance-related laws
14:33 | 21/11/2024 Finance
Transparency evates the standing of listed companies
09:47 | 21/11/2024 Finance