As reported by Binh Duong Provincial Department of Finance, in 2015-2020 total average annual budget collection was estimated to be at 11.% growth, which was decided by the 8th resolution at 9%. It is expected that in 2020, total budget collection would be VND 62,200 billion, increasing by 1.7 times from total collection in 2015. Of the amount, domestic collection would increase by 11.5% per annum, accounting for 72% of the collection and from exportation at 10.6% per annum and 28% of total collection.
Total budget paying out was estimated to be increasing averagely by 11.8% per annum, which was projected to be 8% by the 7th resolution. Of the amount, paying out for basic constructions was accounted for 43% of total paying out amount, which was projected to be 36% by the 7th resolution. The paying out has been grown on average 12.7% per annum.
Reported by My Phan – Translated by Vi Bao