Hoa Binh’s State budget collection estimated at over 900 billion VND in Q1

4/23/2020 - 9:27:18 AM

(HBO) - According to the Q1 socio-economic report of the provincial People's Committee, the State budget revenue in March is estimated at 439.8 billion VND, equal to 9 percent of the target assigned in the provincial People's Council’s Resolution. The collection in the first three months is estimated at 902.5 billion VND, equivalent to 20 percent of the estimate assigned by the Prime Minister and 18 percent by the provincial People's Council.

Japanese-invested Sanko Vietnam Co., Ltd, in Huu Nghi ward of Hoa Binh city generates jobs for workers, and well fulfills tax obligations.

Of the total, domestic revenue was 818.8 billion VND, equal to 19 percent of the estimate assigned by the Prime Minister and equal to 17 percent of that set in the Resolution of the provincial People's Council, while revenues from import and export were 83.7 billion VND, equal to 48 percent of the estimate assigned by the Prime Minister and 38 percent in the Resolution.

Local budget collection in March is estimated at 2.15 trillion VND, equal to 17 percent of the target set in the provincial People's Council’s Resolution, bringing the total in the first quarter of 2020 to 3.93 trillion VND, equivalent to 31 percent of the estimate assigned by the Prime Minister, or 30 percent of that set in the Resolution. Of the total, the additionally balanced revenue from the central budget was 1.37 trillion VND and the targeted additional revenue from the central budget was 815.8 billion VND.

Local budget spending is estimated at 1.25 trillion VND in March and 3.98 trillion VND in the first three months of 2020. Of the total, development investment expenditure was 685.5 billion VND, regular spending was 2,412.2 billion VND and spending from the central budget’s targeted supplementary resources was 885.8 billion VND./.

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