
Vietnam's state budget deficit reached 100.68 trillion Vietnamese dong (4.66 billion U.S. dollars) in the first seven months of 2015, accounting for 44.5 percent of the whole year's estimate, according to Vietnam's Ministry of Finance (MoF) on Friday.
During the seven-month period, the government generated total revenues of some 544.6 trillion Vietnamese dong (25.21 billion U.S. dollars), up 6.6 percent year-on-year, making up 59.8 percent of the whole year's estimate.
Meanwhile, expenditures hit 645.3 trillion Vietnamese dong (29. 87 billion U.S. dollars) in January-July period, up 8.1 percent year-on-year, accounting for 56.3 percent of this year's estimate, local Thanh Nien (Young People) online newspaper quoted the MoF as saying on Friday.
Official statistics showed that in 2012, Vietnam's state budget deficit accounted for 4.8 percent of the country's gross domestic product (GDP). In 2013, the figure hiked to 6.6 percent while that of 2014 was 5.3 percent of GDP.
This year, Vietnam targeted to control its state budget deficit at around 5 percent of GDP.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor