With VND 1,808.5 trillion in state budget revenue in 11 months, budget collection increased by 16.1% over the same period in 2023.
December 4, Ministry of Finance said, total state budget revenue 11 months reached 1,808.5 trillion VND, equal to 106.3% of the estimate, up 16.1% over the same period in 2023 (central budget revenue is estimated at about 110.1% of the estimate; local budget revenue is estimated at about 102.5% of the estimate).
Regarding state budget expenditures for the first 11 months, it is estimated to reach 73.6% of the estimate, up 4.7% over the same period in 2023. The Ministry of Finance said that the central budget has spent 24.7 trillion VND from the 2024 reserve to supplement funds for implementing national defense and security tasks and support localities in carrying out a number of important, sudden, and urgent tasks; funds for disease prevention and control and production recovery after natural disasters and epidemics.
In addition, implementing the Prime Minister's Decision, the Ministry of Finance has issued nearly 16,780 tons of national reserve rice to support localities in overcoming the consequences of natural disasters, storms and floods, and providing relief and hunger relief for the people.
There is not much time left in 2024, Minister of Finance Nguyen Van Thang requested agencies and units in the industry to focus on emulation, drastically implement solutions, and be determined to collect the highest level of revenue, meeting the expectations of the Party and State leaders.
Regarding the budget balance, Minister Nguyen Van Thang said that the implementation results were relatively good, the balance of the central and local budgets was ensured. Regarding the issuance of government bonds, within the assigned functions and tasks, the competent agencies of the Ministry of Finance need to pay attention to proactively implementing measures to successfully complete the set plan.
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