HANOI, Jan. 4 (Xinhua) -- Vietnam posted a budget collection of 1,717.8 trillion Vietnamese dong (nearly 70.5 billion U.S. dollars) in 2023, down 5.4 percent year on year, local media reported Thursday.

Domestic revenue over the months rose 13.5 percent from the same period of last year to 1,439 trillion dong (59 billion dollars), while the revenue from import-export activities decreased by 25.4 percent to 213 trillion dong (8.7 billion dollars), said local newspaper Bao dau tu (Investment), quoting the latest statistics from General Statistics Office.

Vietnam's budget spending in 2023 stood at 1,731.9 trillion dong (71.08 billion dollars), up 10.9 percent year on year. Regular spending stood at 1,058.6 trillion dong (43.4 billion dollars), up 3.2 percent year on year.

According to a recent report by the country's Ministry of Finance, the state budget deficit for 2023 is estimated at 4 percent of the gross domestic product (GDP).

Vietnam aims to have a state budget collection of 1,700.99 trillion dong (69.8 billion dollars) in 2024, according to a resolution on the state budget passed by the National Assembly last year. Enditem

Related

Go to Forum >>0 Comment(s)