The State revenue in the first seven months of 2024 reaches 69.8% of estimate
The fourth consecutive year the State revenue surpassed the estimate | |
Reduce impact of oil price on the State revenue |
Accumulated domestic revenue in the first 7 months of 2024 is estimated to reach 995 trillion VND, meeting 68.9% of the estimate. Illustrative photo. |
Specifically, the State budget revenue in July totaled about VND150 trillion. Accumulated total state revenue in the first 7 months of 2024 is estimated at VND1,188.1 trillion, meeting 69.8% of the estimate and 14.6% over the same period last year.
The domestic revenue in July 2024 is estimated to reach 126.2 trillion; Accumulated 7 months of 2024 are estimated to reach VND995 trillion, meeting 68.9% of the estimate and up15.8% over the same period last year.
The revenue from crude oil in July 2024 is estimated to reach VND4.8 trillion; Accumulated seven months of 2024 are estimated to reach VND34.4 trillion, meeting 74.7% of the estimate and down 2.7% year-on-year.
The budget balance revenue from export and import activities in July 2024 is estimated to reach VND18.8 trillion; Accumulated for the first 7 months of 2024 is estimated to reach VND158.5 trillion, meeting 77.7% of the yearly estimate and up 11.7% over the same period last year.
The state expenditure, total state expenditure in July 2024 is estimated to reach VND152.6 trillion. The accumulated total state expenditure in the first 7 months of 2024 is estimated atVND 948.3 trillion, equal to 44.7% of the yearly estimate and up 0.6% over the same period last year.
The recurrent expenditures for the first 7 months of 2024 are estimated to reach VND652.5 trillion, meeting 51.8% of the estimate and up 3.7% year-on-year. The development investment expenditure decreased 8.4% to VND 232.1 million, meeting 34.3% of the estimate; Debt and interest payments increased by 7.7% to VND 63.2 trillion, meeting 56.5% of the estimate. |
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