Of this, central government revenue is estimated to reach around 110.1 per cent of the forecast, while local government about 102.5 per cent.
Government spending across the last 11 months is estimated to reach 73.6 per cent of the forecast, reflecting a 4.7 per cent increase compared to the same period in 2023.
The ministry also reported that the central government had used VNĐ24.7 trillion ($972.5 million) from the 2024 reserve fund to supplement funding for national defence, security tasks and to support local areas for unanticipated tasks, including disease control and production recovery after natural disasters.
Specifically following the Prime Minister’s decision, the ministry allocated nearly 17,000 tonnes of national rice reserves to support districts to overcome the aftermaths of natural disasters.
Budget balance is being ensured at both the national and local levels, Minister of Finance Nguyễn Văn Thắng said.
With a limited time until the end of the year, he urged agencies and units within the sector to focus on achieving the highest possible revenues and meeting the targets for issuance of Government bonds.
