Development investment slow despite State budget surplus
According to the Ministry of Finance, State budget revenue reached VND460.6 trillion ($17.68 billion) in the first quarter of this year and State budget expenditure VND351.3 trillion ($15.3 billion), for a surplus of VND109.3 trillion ($4.75 billion). Despite being “abundant”, the slow pace of budget spending on development investment is a “bottleneck” for economic recovery.
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