Vietnam says 2021 state budget deficit was below 4% of GDP

Vietnam's state budget deficit was below 4% of its gross domestic product in 2021, despite its spending to fight the coronavirus pandemic, the government said on Thursday. State budget revenues were estimated at 1,653 trillion dong ($72.65 billion) last year, 16.4% higher than its target, the government said in a statement.

Vietnam's state budget deficit was below 4% of its gross domestic product in 2021, despite its spending to fight the coronavirus pandemic, the government said on Thursday.

State budget revenues were estimated at 1,653 trillion dongs ($72.65 billion) last year, 16.4% higher than its target, the government said in a statement. Budget spending was 1,879 trillion dongs, 11.4% higher than its target, including 74 trillion dongs spent on its fight against the coronavirus pandemic. ($1 = 22,753 dong)

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