Regarding state budget revenue, total revenue in May is estimated at 5 trillion VND, equaling 103,4% of the estimate and 6,4% of the average revenue in the first four months of the year (62,1 trillion VND). /month).
Updating data on the TABMIS system, state budget revenue by the end of June 1, 6 reached VND 2023 trillion, equaling 782,9% of the estimate, of which, revenue from the central budget reached 48,31 % of the estimate, local budget revenue (local budget) reached 51,4% of the estimate.
Regarding state budget expenditure, total state budget expenditure in May is estimated at 5 trillion VND. Accumulated spending in 152 months reached 5 trillion dong, equaling 653,1% of the estimate, up 31,5% over the same period in 10,9. In which, development investment expenditure was estimated at 2022 trillion dong. , equal to 157,1% of the estimate decided by the National Assembly, equal to 21,6% of the plan and 20,8% of the plan assigned by the Prime Minister, an increase of 22,22% (an increase of about 35,5 trillion VND) over the same period. in the period of 41,2 (the same period in 2022, disbursement reached 2022 trillion VND, equaling 115,9% of the plan and 20,67% of the plan assigned by the Prime Minister); interest payment is estimated at 22,37 trillion dong, equaling 43% of the estimate, down 41,8%; recurrent expenditure is estimated at 2,3 trillion dong, equaling 452,4% of the estimate, up 38,6% over the same period in 5,6.
Central budget and local budget balance is guaranteed. As of May 25, 5, nearly 2023 trillion dong of government bonds have been issued, with an average term of 162,3 years, with an average interest rate of 12,18% per year.
According to the Ministry of Finance, although the domestic revenue in the first 5 months of the year was quite good compared with the estimate, it is in a decreasing trend (collection in January was 1%; February was 14,7%; March was August). 2%; April achieved 7,7%; estimated implementation in May reached 3% of estimate). Excluding corporate income tax, dividends, residual profits, and income and expenditure differences of the State Bank, the domestic revenue in 8,9 months is about 4% compared to the same period in 9,9.
In May, Tax and Customs offices continued to implement policies on exemption, reduction and extension of taxes, fees, charges, and land rent issued to support businesses and people. The total amount exempted, reduced and extended is estimated at 5 trillion VND.
Regarding revenue in the area, it is estimated that 17/63 localities have collected domestic revenue in 5 months, reaching over 48% of the estimate; 13/63 localities have revenue growth over the same period, while 50 provinces have lower revenue than the same period.
Import and export activities in May continued to decline; Cumulative import and export turnover of taxable goods as of May 5, 15 reached about 5 billion USD, down 2023% over the same period in 45,5.
According to the Ministry of Finance, the budget expenditure tasks in the first 5 months of the year are carried out according to the estimate, meeting the requirements of socio-economic development, national defense and security, state management and payment of financial services. due debts, ensuring funding for epidemic prevention and control, social security spending tasks, taking care of beneficiaries of salaries, pensions and social allowances from the state budget.
The central budget has spent nearly 600 billion VND from additional provisions for localities for epidemic prevention and control and supporting people facing difficulties due to the COVID-19 epidemic, supporting plant varieties, livestock and aquatic products to recover. production in areas damaged by natural disasters, epidemics, and rent support for workers according to regulations.
In addition, 18,3 thousand tons of rice for national reserve has been distributed to overcome the consequences of floods, relief and hunger relief for people during the Lunar New Year and the first grain of the year.
Particularly for development investment spending, the total capital plan in 2023 has been allocated by the Prime Minister about 707 trillion VND. In addition, by the time of reporting, localities have assigned plans to increase local investment capital (from revenue sources, local budget balance, ...) about 48,3 trillion VND. compared with the plan assigned by the Prime Minister.
As of April 15, 4, the State Treasury system has controlled 2023 billion VND, equal to 340.520% of the recurrent expenditure estimate in 28,7 of the State budget through the State Treasury (excluding payments). debt, aid, additional expenditures to the financial reserve fund, provision); over the same period in 2023, 2022 billion dong higher in value, down more than 17.844% in percentage compared to the estimate.
As of May 15, 5, the accumulated payment of public investment capital in the 2023 plan is VND 2023 billion; equal to 125.639,7% of the plan in 17,8 the National Assembly, the Prime Minister assigned (2023 billion VND) higher in value, lower in rate compared to the same period in 707.044,2; equal to 2022% of the plan of public investment capital under the plan in 16,7 (2023 billion VND).
