Vietnam spends nearly 2 billion USD on COVID-19 fight

(VOVWORLD) - As of October 15, Vietnam had spent almost 2 billion USD from its budget on COVID-19 prevention and control and supporting affected people, according to the Ministry of Finance. 
Vietnam spends nearly 2 billion USD on COVID-19 fight - ảnh 1Illustrative image (Photo: VnExpress/Huu Khoa)

More than half of the amount came from the central budget, which was used for procuring vaccines, funding pandemic prevention and control efforts as well as assisting vulnerable people. The rest was sourced from the local budget.

The Finance Ministry also announced that as of October 15, Vietnam’s total budget revenue reached more than 83% of the estimate.

Minister Ho Duc Phoc said that despite difficulties in balancing the state budget due to the impact of the COVID-19 pandemic, the Government has implemented synchronously and flexibly monetary solutions to ensure that debts are paid in full and on time in accordance with commitments and the assigned 2021 estimate.

He said the country has the ability to secure capital for regular spending, investment, social security policy as well as defence and security tasks.

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