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2011 budget collection estimated at VND22,500bil

Update: 15-11-2011 | 00:00:00

The provincial People’s Committee chairman Le Thanh Cung yesterday hosted a meeting to ratify contents such as estimate of 2011 budget collection, 2012 budget estimate, 2010 budget collection and expenditure, report on 2011 basic construction capital and orientation for 2012 basic construction capital.

According to the provincial People’s Committee, the 2011 State budget collection is estimated at VND22,500bil, reaching 121% of the estimate entrusted by the Government and 107% of provincial estimate. The budget collection in 2012 will be estimated at VND27tril, a 20% increase from 2011 and a 5% rise from estimate entrusted by the Government.

As for basic construction, the total investment capital in 2011 was at VND3,815bil and orientation for the capital in 2012 will be at VND3,800bil.

At the meeting, Cung said that budget allocation will be continued   for districts and towns. Localities should actively allocate capital sources properly and effectively and so on.

Reported by K.Tan – Translated by A.C

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