On the morning of July 12th, the Ministry of Finance held a national online conference to review the financial work and state budget in the first 6 months and deploy the tasks of the last 6 months of 2019. Deputy Prime Minister Vuong Dinh Hue attends the conference. At Khanh Hoa side, Mr. Dao Cong Thien - Vice Chairman of the Provincial People's Committee and representatives of relevant departments and sectors attended the conference.
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Central and local budget revenues reach fairly well in the first 6 months of 2019. Illustrative picture.
According to the Ministry of Finance, in the first 6 months of 2019, the total state budget revenue reached 745.4 trillion VND, as 52.8% of the estimate, up 13.2% over the same period in 2018. In which, domestic revenue is 51% of the estimate; revenue from crude oil reaches 68% of the estimate; balanced revenue from import and export activities reached nearly 60% of the estimate. In general, the central and local budget revenues are quite good, in particular: Central budget revenue reached 51.5% (the highest level in the last 5 years); 50/63 provinces and cities reached budget revenue more than 50% of the assigned estimate. As of the end of June 2019, the whole country spent nearly 666.1 trillion VND, up by 2.6% the same period time last year.
In Khanh Hoa, in the first 6 months of 2019, the State budget revenue in the province was over VND 9,468 billion, as 56.4% of the estimate, equal to 71% of the same period last year. In which, revenue from import and export activities reached more than 1,367 billion VND, as 121% of the estimate and as 23.9% over the same period; domestic revenue was more than VND 8,101 billion, as 51.7% of the estimate, as 106.4% compared to the same period last year. The whole province has spent the budget balance of over VND 4,457 billion, as 37.3% of the estimate.
To complete the financial task - State budget in 2019, the Ministry of Finance has set out 10 key tasks in the last 6 months. Accordingly, in the coming time, relevant ministries and sectors will focus on improving institutions, promoting administrative procedure reform, strengthening control public debt, market management and strictly implementing some conclusions about State inspection and audit; strengthening the collection management, striving to increase the budget revenue about 5% compared to the estimate; focus on handling and recovering tax arrears, striving to end the year, reducing the rate of tax debt to less than 5% compared to the actual state budget revenue ...
MY HAU