Total State budget collection in Da Nang in the first half of 2022 is estimated at VND13,357 billion, representing 68% of the estimates set for the year by the municipal People's Council.

Particularly, domestic revenue is estimated to have stood at VND10,405 billion, equivalent to 68.9% of the year’s estimates.

Meanwhile, the city’s budget expenditure is likely to have hit an estimate of VND8,385 billion, representing 51.3% of the year's estimates.

Of this figure, VND4,442 billion has been spent on the city’s development investment projects, whilst an estimate of VND3,941 has been recurrent expenditure.

From January 1 to June 15, the total disbursement of public investment capital hit VND1,353 billion, fulfilling 22.7% of the target set by the National Assembly and the Prime Minister and 17.2% of the plan assigned by the municipal People’s Council.

Reporting by M.QUE - Translating by M.DUNG