Resolution approving 2022 state budget settlement issued
National Assembly Chairman Tran Thanh Man has endorsed a resolution supplementing the state budget revenue estimate for 2022 and approving the state budget settlement for the same year.
Hanoi (VNA) - National Assembly Chairman Tran Thanh Man has endorsed a resolution supplementing the state budget revenue estimate for 2022 and approving the state budget settlement f﷽or the same year.
The resolution outlines the allocation and use of increased revenue sources and regular savings for the 2022 state budget, amounting to over 3.1 trillion VND (129.1 million USD), comprising an increase of 972 billion VND in central budget revenue and 2.13 trillion VND in local budget revenue.
The detailed state budget settlement for 2022 reveals a total revenue of more than 2.71 quadrillion VND and expenditures of over 2.89 quadrillion VND. This resulted in a deficit of over 293.3 trillion VND, or 3.07% of the country's gross domestic product (GDP).
The NA tasked the Government with publicly announcing the state budget settlement 2022 in line with legal regulations./.
With 459 “yes” votes from 460 attending deputies, or 94.25%, the 15th National Assembly (NA) adopted a resolution approving the State budget settlement for 2022 on June 24 as part of the legislature’s ongoing seventh session.
Continuing its 7th meeting, the 15th National Assembly (NA) discussed the approval of the State budget settlement for 2022 on June 7 in a televised plenary session.
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