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The development investment capital of the State budget managed by the locality is over VND 1,600 billion

Thursday, 31/05/2018

According to the report of the provincial People's Committee, in April of 2018, the total development investment capital of the State budget was estimated at 420 billion dong, rising nearly 7% compared to the previous month and nearly 0.4% over the same period in 2017. In which, the provincial State budget was nearly 300 billion dong, rising more than 5%; the district State budget was nearly 91 billion dong, rising over 19%; the communal State budget was nearly 36 billion dong, reducing nearly 6% compared to the previous month.

The increase happened becaused departments and investors have strengthened measures to deal with debts in basic construction, drastically implemented measures in compensate and ground clearance; created land funds for the implementation of important projects of the province. Along with that, the number of new projects increased more than last month.

In the first four months of the year, the total investment capital of the State budget managed by the locality was estimated at over VND 1,600 billion dong, rising over 1.3% compared to the same period and being equal to 28% of the plan.

Vinh Phuc News


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