According to the report of Khanh Hoa Provincial People’s Committee, in first 4 months of 2018, the State budget revenues reached more than 8,817 billion Dong, increased 32.5% over the same period last year, as 66.6% of estimate assigned by the provincial People’s Council.
Illustrative picture. Photo: Le Xua.
In particular, revenue from import-export activities are more than 3,732 billion Dong, up 52.6% over the same period, as 739% of the estimate; domestic revenue are more than 5,085 billion Dong, up 20.8% over the same period in 2017 and 39.9% of the estimate assigned the provincial People's Council. Specifically, domestic revenues from the Central State Enterprises increase by 17.7%; local state enterprises increase by 15.3%; FDI enterprises increase 58.3%; Non-state revenues increase by 11.6%; Land use fee increase by 40.5%...
Also in 4 months of 2018, the local budget balancing expenditure is more than 3,340 billion Dong, as 33.4% of the estimate. In particular, recurrent expenditure is 1,826 billion Dong, as 30.1% of the estimate.