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Vietnam s state budget revenue down 8 3 pct in 9 months

Vietnam s state budget revenue down 8 3 pct in 9 months
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The Ministry of Finance focuses on budget collection tasks in the last months of the year

On the afternoon of September 7, the Ministry of Finance held a briefing to deploy tasks for September 2023. Speaking at the meeting, Minister of Finance Ho Duc Phoc requested the entire Finance sector to strive to complete the proposed financial and budgetary tasks, along with focusing on the work of building legal documents.

Financial sector strives to meet the assigned budget revenue estimates

The Ministry of Finance (MoF) held a briefing on the afternoon of August 7 and implemented the tasks of August 2023. Minister of Finance Ho Duc Phoc chaired the meeting. Budget revenue has ensured budget progress, but it is predicted that there will be a range of difficulties from now until the end of the year. Therefore, the Minister has proposed that the entire sector focus on implementing solutions and strive to complete the assigned State budget revenue estimates.

Budget management in the challenging context

Concerning the implementation of the state budget and financial tasks in 2023, Deputy Minister of Finance Nguyen Duc Chi stated at a recent seminar that the budget revenue has so far met the estimate, albeit with a slight decrease compared to the same period last year. However, it is forecasted that ensuring budget revenue to be in line with estimates is difficult and thereby a significant challenge for the financial sector.

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