Seven-month state budget collection up 14.4%

09:08, 09/08/2014

State budget collection in the first seven months of this year was estimated at VND497.36 trillion (about US$23.4 billion), an increase of 14.4% over the same period last year.

 

State budget collection in the first seven months of this year was estimated at VND497.36 trillion (about US$23.4 billion), an increase of 14.4% over the same period last year.

The amount represents 63.5% of the whole year’s estimate, according to the Ministry of Finance.

In July, the ministry signed seven loan agreements worth over US$1.1 billion.

The ministry completed negotiations and inked 16 loan and assistance agreements with a total committed value at over US$2.26 billion.

In the first half of this year, the country’s total budget collection reached a year-on-year increase of 14.5% to over VND335 trillion (US$15.7 billion).

(Source:Nhan Dan)