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Central budget revenue and expenditure allocation in Vietnam 2023

Văn Trọng

15:25, 30/11/2022

On 11/11/2022, the National Assembly of Vietnam issued Resolution 70/2022/QH15 on central budget allocation in 2023.

According to Vietnam's Resolution 70/2022/QH15, the National Assembly of Vietnam approved the total revenue and expenditure of the central budget in 2023 as follows:

- Total central budget revenue is 863,567 billion VND (eight hundred and sixty-three thousand, five hundred and sixty-seven billion dong).

- Total local budget revenue is 757,177 billion VND (seven hundred and fifty-seven thousand, one hundred and seventy-seven billion dong).

- The total central budget expenditure is 1,294,067 billion VND (one million, two hundred and ninety-four thousand, zero hundred sixty-seven billion dong).

Of which, VND 436,204 billion is estimated (four hundred and thirty-six thousand, two hundred and four billion dong) to supplement the budget balance and target the local budget.

The central budget allocation in 2023 is made according to the annexes issued together with Vietnam's Resolution 70/2022/QH15.

More details can be found in Vietnam's Resolution 70/2022/QH15 which takes effect on December 26, 2022.

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