The State Treasury refuses to pay over VND 60 billion for recurrent expenditure
The State Treasury: The focus of Administrative reform is customers | |
Customs reached the estimated target of state revenue | |
State Treasury implements over 300 specialized inspections |
Operation at the State Treasury of Ba Ria –Vung Tau. Photo: H.G |
As of 31st January 2018, the State Treasury system implemented the expenditure control reaching VND 846,517 billion (excluding expenditure for debt repayment, aid, additional financial reserve and reserve fund) equivalent to 93.8% of the estimate; the disbursement was higher in absolute terms but lower than the relative number over the same period last year (disbursed recurrent expenditure as of 31st January 2017 was VND 792,125 billion, reaching 94.6% compared to the estimate 2016).
For capital construction investment expenditure, the estimate for the fiscal year 2017 (until the end of 31st October 2018) and the accumulated investment capital disbursed via State Treasury was VND 304,645.2 billion, equivalent to 87.9 % of the year plan, lower than the same period in 2016.
Of which, the capital resource assigned by the Government was estimated at VND 276,451.1 billion, reaching 88.2% of the plan (including capital construction investment was VND 250,715.1 billion, reaching 92.7% of the plan; the Government bond was VND 14,814 billion, reaching 47.8% of the plan; capital resource for target program and national target program was VND 10,922.7 billion, reaching 93.1%); other capital resource was estimated at VND 28,193.4 billion, reaching 84.9% of the plan. Through the control of capital investment payment, the State Treasury system refused to pay about VND 105 billion.
State treasury raises VND5.9 trillion from government bonds The State treasury has successfully raised VND5.9 trillion (US$260 million) for the State budget through an auction ... |
Hence, in the fiscal year 2017, the State Treasury units refused VND 165.1 billion (including recurrent expenditure and expenditure for capital construction investment).
Also, in January 2018, the State Treasury held 4 Government bond auction sessions through the Hanoi Stock Exchange and mobilized VND 16,555 billion for the State budget and development investment. As of 25th January 2018, the State Treasury mobilized VND 16,555 billion from Government bonds. It held an auction session on 31st January 2018, where the bidding volume was VND 3,000 billion divided into 20 year and 30 year terms.
Related News
Improving organizational structure and capacity building to implement the State Treasury Development Strategy to 2030
12:39 | 18/03/2023 Finance
State Treasury flexible in managing volume of government bond issuance in 2023
10:36 | 16/03/2023 Finance
State Treasury promotes digital convenience and facilitates customers
16:05 | 11/03/2023 Finance
State Treasury: Researching and piloting chain technology, AI into operation
09:57 | 07/03/2023 Finance
Latest News
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
More News
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance
Consider raising the level of penalties to ensure fairness and transparency in the stock market
13:27 | 04/04/2023 Finance
Central bank cuts policy interest rates to spur growth
17:43 | 02/04/2023 Finance
Ensure policies to attract investment when implementing global minimum tax
10:33 | 02/04/2023 Finance
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks
20:30 | 01/04/2023 Finance
Solutions to attract FDI when implementing the global minimum CIT
11:38 | 01/04/2023 Finance
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba
13:43 | 31/03/2023 Finance
Being many "hot" issues at the general meeting of shareholders of banks
09:24 | 30/03/2023 Finance
Bringing the policies on reducing land rent and water surface rent into life
15:41 | 29/03/2023 Finance
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Corporate bonds worth 1.1 billion USD issued in March
13:55 | 06/04/2023 Finance
Tax revenue is estimated at VND 426,922 billion in the first quarter
09:56 | 06/04/2023 Finance
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline
14:47 | 04/04/2023 Finance
Central bank starts huge credit package for social housing projects
14:42 | 04/04/2023 Finance
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance