Nghe An: Budget revenue in the first 6 months of 2018 is estimated at 6,200 billion VND

In the first 5 months of 2018, domestic revenue in Nghe An reached 4,365 billion VND, equal to 41% of the central budget, 38% of the provincial People's Council budget, equal to 106% over the same period. Of which, revenue minus land use fees reached 3,402 billion VND, equal to 36% of the budget and 103% over the same period.

Construction of Hieu 2 bridge in Thai Hoa town. Photo: Tran Chau

Total state budget revenue in the area in the first 6 months of 2018 is estimated at 6,197.5 billion VND, reaching 48.8% of the estimate, up 10.2% over the same period. Of which: Domestic revenue is 5,397.5 billion VND, reaching 47.2% of the estimate and up 9.2% over the same period. Revenue from import-export activities is estimated at 800 billion VND, reaching 63.5% of the estimate, up 16.8% over the same period in 2017.

Some localities have estimated large revenue for the first 6 months such as: Vinh City (the unit with the largest budget revenue for the first 6 months) estimated at 714.7 billion VND, but still down 17.4% over the same period; Quynh Luu collected 131 billion; Thai Hoa Town collected 82.9 billion; Anh Son collected 22 billion VND...

Budget expenditure in the first 6 months of 2018 is estimated at VND 11,438 billion, reaching 48.1% of the estimate. Of which, development investment expenditure is VND 2,755 billion, reaching 47% of the estimate; regular expenditure is VND 8,558 billion, reaching 48.8% of the estimate; reserve expenditure is VND 125 billion, reaching 32.1% of the estimate; principal debt payment is VND 203.5 billion.