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January’s State budget revenue estimated at US$7.78 billion

Vietnam’s total State budget collection in January is estimated at VND183.7 trillion (US$7.78 billion), equal to 11.3% of the yearly estimate and down 0.5% year-on-year, announced the Ministry of Finance on February 7.

Source: VNA

Specifically, the domestic revenue is estimated at VND160.4 trillion, up 3.1% YoY, and that from crude oil at VND5.3 trillion, up 67.7% YoY.

Meanwhile, import-export activities contributed about VND28 trillion to the State budget, equivalent to only 65% of that in the same period last year.

On the other hand, total State budget expenditure in the month was estimated at VND114.9 trillion, equaling 5.5% of the yearly estimate.

For the development investment expenditure alone, the total planned investment capital from the State budget for 2023 is US$756.1 trillion.



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