Khanh Hoa Province Department of Finance and the provincial State Treasury on January 2 reckoned up the finance and closed the books of the State budget 2018.
Khanh Hoa Province Department of Finance and the provincial State Treasury on January 2 reckoned up the finance and closed the books of the State budget 2018. Nguyen Tan Tuan - Deputy Secretary of provincial Standing Party Committee and Chairman of the provincial People’s Council, and Le Duc Vinh - Deputy Secretary Party Committee and Chairman of the provincial People’s Committee.
Till December 31, 2018, the State revenue totaled VND21,875 billion, exceeding by 49.2% over estimated and rising by 7.9% over 2017. Revenue from export and import was VND6,804 billion, exceeding by 13.5 times over estimated and rising by 5.6% over 2017, and local revenue hit VND15,070 billion, exceeding by 6.4% over estimated and rising by 9% over 2017.
Expenditure of the State budget in 2018 was VND10,576 billion (increasing by 5.4% over estimated), including VND4,164 billion for development investment and VND6,339 billion for frequent expenditure. Besides, VND883 billion was spent for social and welfare policies.
Targets for 2019 are VND16,795 billion in the State budget revenue and VND12,114 billion in the State budget expenditure.
On this occasion, the province’s leaders gave presents for units with much contributions in the State budget in 2018.
K.N
Translated by T.T
