Budget collection reaches 66.7% of yearly estimates

(VOVWORLD) - Revenues of the State budget in the first half of this year stood at about 40.3 billion USD, equivalent to 66.7% of the yearly estimates, according to the Finance Ministry.
Budget collection reaches 66.7% of yearly estimates - ảnh 1(Illustrative photo/Source: VNA)

State management of the financial, securities and corporate bond markets has been strengthened, while price and market control has been aligned with realities to remove difficulties for production-business activities and people’s life, the Ministry said at  a conference this week. 

However, the ministry noted the complicated situation related to tax evasion and frauds in digital platform-based business, e-commerce and cross-border business. 

Besides, the allocation of state budget and disbursement of public investment capital remain slow, failing to stimulate economic growth.