State budget revenue increases by 10.1%

22/07/2021 17:57 7

State budget revenue increases by 10.1%


NDO – State budget collection in 2019 reached nearly VND1.56 quadrillion, up 10.1% compared to the estimate, according to a Government report at the 15th National Assembly (NA)’s first session on July 22.

Minister of Finance Ho Duc Phuc, authorised by the Prime Minister, presented a proposal to the NA for approval regarding the 2019 State budget settlement.

The Government also needs to rectify the management of investment expenditure, continue to strengthen its control of overspending, and ensure public debt is within allowable limits in order to preserve national credit and guarantee national financial security.

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