Nghe An province's budget revenue in 2018 is estimated at nearly 13,000 billion VND.
(Baonghean.vn) - Estimated budget revenue for the whole year of 2018 reached approximately 12,886.6 billion VND, achieving 101.5% of the projected target. Budget expenditure for the first 10 months in the province is estimated at 18,692 billion VND, reaching 78.6% of the projected target.
According to a report from the Nghe An Provincial Tax Department: In 2018, domestic revenue in Nghe An province reached VND 9,470 billion, achieving 82.9% of the projected target, an increase of 12% compared to the same period (specifically, land use fee revenue reached VND 2,286 billion, equivalent to 114.3% of the projected target, an increase of 40.2% compared to the same period); Revenue from import and export activities is estimated at VND 1,400 billion, achieving 111.1% of the projected target, an increase of 30.6% compared to the same period.
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| Tax officials from the Vinh City Tax Department inspect to combat tax evasion related to motorbikes in Vinh City. Photo: Quang An |
This figure reached 85.7% of the projected amount, an increase of 14.1% compared to the same period last year.
Budget expenditures in the province for the first 10 months are estimated at 18,692 billion VND, reaching 78.6% of the projected budget. This includes an estimated 4,685 billion VND for development investment (79.9% of the projected budget), 13,737 billion VND for recurrent expenditures (78.4% of the projected budget), an estimated 270 billion VND for contingency funds (69.3% of the projected budget), and an estimated 242 billion VND for principal debt repayment.
The estimated budget expenditure for the whole year of 2018 reached 23,817.508 billion VND, achieving 100.2% of the projected target.