By the end of April 2025, total state budget revenue is estimated at VND 944.1 trillion, equivalent to 48% of the annual estimate and up 26.3% over the same period in 2024. Of which, domestic revenue is about VND 827.2 trillion, equivalent to 49.6% of the estimate, up 29.5%. Notably, revenue from domestic taxes and fees (excluding one-time revenues such as land use, dividends, etc.) reached 45.7% of the estimate, up 17%.
Revenue increased thanks to the recovery and stable growth of the economy , with GDP in the first quarter of 2025 estimated to increase by 6.93%, total retail sales of goods and consumer services revenue increased by 9.9%, and the industrial production index increased by 7.8%. Fiscal policies to support businesses such as reducing and extending taxes, fees, and land rents also took effect, helping businesses recover quickly and contributing to budget revenue.
In the same period, state budget expenditure in the first four months was estimated at VND595.4 trillion, equivalent to 23.4% of the annual estimate, up 15.2% over the same period last year. Of which, development investment expenditure reached about VND128.5 trillion, equivalent to 16.3% of the estimate; debt interest payment reached 36.8% of the estimate; regular expenditure reached 27.1% of the estimate.
The expenditure tasks were carried out according to the estimate, focusing on socio-economic development, national defense, security and ensuring social security. The Ministry of Finance spent 5.85 trillion VND from the central budget reserve to support urgent tasks and overcome the consequences of natural disasters and epidemics. At the same time, it issued 8.3 thousand tons of national reserve rice to provide relief and hunger relief for people during the Lunar New Year and the lean season.
In addition, the balance of revenue from import-export activities in the first four months reached about VND99.1 trillion, up 11.7% over the same period, thanks to a sharp increase in import-export turnover to USD238 billion. In particular, items such as complete automobiles, raw materials, imported machinery and equipment all increased sharply, contributing thousands of billions of VND to the budget.
As of April 24, 2025, the Ministry of Finance has issued nearly VND 142.8 trillion in government bonds, with an average term of 10.08 years and an average interest rate of 2.91%/year.
According to the Ministry of Finance, the balance of the central and local budgets continues to be firmly ensured, creating a stable fiscal foundation in the context of many economic challenges.
Source: https://nhandan.vn/thu-ngan-sach-nha-nuoc-tang-hon-26-trong-4-thang-dau-nam-post877837.html
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