How will the State budget be in the first month of paying the 30% increase in basic salary?

The General Statistics Office, based on the Report on the implementation of Resolution No. 01/NQ-CP of the Government in the field of finance - State budget (NSNN) in July and 7 months sent by the Ministry of Finance on July 26, has just updated.

Accordingly, the state budget revenue in the first 7 months of this year is estimated to increase by 14.6% over the same period last year. State budget expenditure is estimated to increase by only 0.6% over the same period, ensuring the needs of socio-economic development, national defense, security, state management, payment of due debts as well as timely payment to subjects according to regulations.

Budget revenue surplus in the past 7 months (Source: GSO/MOF).

Specifically, total state budget revenue in July is estimated at nearly 150,000 billion VND. Cumulative total state budget revenue in 7 months is estimated at 1.19 million billion VND, equal to 69.8% of the year's estimate and up 14.6% over the same period last year.

Of which, some main revenue items such as domestic revenue in July is estimated at 126,200 billion VND; accumulated revenue in 7 months is estimated at 995,000 billion VND, equal to 68.9% of the year's estimate and up 15.8% over the same period last year.

Revenue from crude oil in July is estimated at VND4,800 billion; accumulated revenue for 7 months is estimated at VND34,400 billion, equal to 74.7% of the yearly estimate and down 2.7% over the same period last year.

Budget revenue from import-export activities in July is estimated at VND18,800 billion and accumulated revenue for the first 7 months is estimated at VND158,500 billion, equal to 77.7% of the year's estimate and up 11.7% over the same period last year.

On the other hand, total state budget expenditure in July is estimated at VND152,600 billion. Accumulated in 7 months, total state budget expenditure is estimated at VND948,300 billion, equal to 44.7% of the yearly estimate and up 0.6% over the same period last year.

Of which, regular expenditure in the first 7 months of this year is estimated at VND652,500 billion, equal to 51.8% of the year's estimate and up 3.7% over the same period; development investment expenditure reached VND232,100 billion, equal to 34.3% of the estimate and down 8.4%; debt interest payment was VND63,200 billion, equal to 56.5% of the estimate and up 7.7% over the same period.

Thus, in July, the state budget balance had a deficit of VND2,600 billion. However, in the past 7 months, the state budget balance still had a surplus of VND239,800 billion.

Source: https://dantri.com.vn/kinh-doanh/ngan-sach-nha-nuoc-ra-sao-trong-thang-dau-chi-tra-tang-luong-co-so-30-20240729115622316.htm