11:41 24/07/2021

2019 State budget settlement before NA committee

Tra My

State budget revenue in 2019 reached VND1.5 quadrillion (about $65.1 billion), some 10.1 per cent over the estimate, according to the National Assembly (NA) Finance and Budget Committee. Regarding the settlement of State budget expenditures, there are still some limitations and inadequacies, such as a high proportion of recurrent expenditures in total expenditure, many important recurrent expenditures not meeting estimates, and spending not being in accordance with regulations, standards, and limitations.

Mr. Nguyen Phu Cuong, Chairman of the Finance and Budget Committee. Photo from quochoi.vn
Mr. Nguyen Phu Cuong, Chairman of the Finance and Budget Committee. Photo from quochoi.vn