11:12, 26/12/2021

Khanh Hoa striving to collect budget in excess of assigned targets

State budget collection is entering the final stage before the year-end budget closing time. The finance sector strives to have the State budget revenue in 2021 exceeding the Government's estimate.

State budget collection is entering the final stage before the year-end budget closing time. The finance sector strives to have the State budget revenue in 2021 exceeding the Government's estimate.

According to the provincial Department of Finance's report, as of December 15, the total state budget revenue in the province was 12,640 billion VND, reaching 91.9% of the estimate, including  1,740 billion VND in revenue from import and export (77.3% of the estimate) and 10,900 billion VND in domestic revenue (94.7% of the estimate). Some enterprises have a large proportion of total state budget revenue in the province such as Khanh Viet Corporation (2,410 billion VND), Khanh Hoa Salanganes Nest Company (243 billion VND), Saigon Beer - Khanh Hoa (276 billion VND)… Besides, the whole province has 5 localities with state budget revenue reaching and exceeding the estimate assigned by the Provincial People's Council, including: Cam Ranh, Ninh Hoa, Cam Lam, Khanh Vinh and Khanh Son.

 

Production at Khanh Viet Corporation
Production at Khanh Viet Corporation

 

Total local budget expenditure as of December 15 was 10,057 billion VND (91.4% of the estimate), including 3,536 billion VND in expenditure for investment development and 6,497 billion VND in recurrent expenditure.

According to the guidance of the Ministry of Finance, the province has saved 20% of the recurrent expenditure estimate in 2021, 10% of which is to supplement the salary reform according to regulations and 10% is to supplement the budget for the prevention and control of the Covid-19 epidemic.

Mai Hoang

Translated by T.T