Nghe An: Budget revenue in the first 7 months of the year reached more than 8,348 billion VND

Information from the Department of Finance said that the state budget revenue in Nghe An in July is estimated at 1,061 billion VND, reaching 7% of the estimate. In which, domestic revenue in JulyEstimated to reach 969.9 billion VND, revenue from import-export activitiesestimated at 91.5 billion VND.

Unloading goods at Cua Lo port. Photo courtesy of Thu Huyen

Thus, in the first 7 months of 2020, Nghe An collected VND 8,348.9 billion in budget revenue, reaching 54.9% of the estimate assigned by the Provincial People's Council and equal to 93.9% compared to the same period in 2019.

The estimated budget revenue for the first 7 months of 2020 has not met the estimated progress assigned by the Provincial People's Council. The reason is that the impact of the Covid-19 pandemic, production and business activities and the implementation of policies on tax exemption, reduction and extension, and land rent have affected the state budget revenue in 2020.

In the first months of 2020, construction material manufacturing enterprises in Tan Ky district still operated normally. Photo: Xuan Hoang

In 2020, the Provincial People's Council estimates that the finance sector will collect 15,216 billion VND for the State budget./.