The Dewan Negara – the upper house of the Malaysian Parliament – has approved the Supply Bill (Budget) 2020, which has allocated 297 billion RM (around 71.7 billion USD) for the year’s expenditure (Photo: www.intheblack.com)

Malaysia approves budget estimates for 2020

The Dewan Negara – the upper house of the Malaysian Parliament – has approved the Supply Bill (Budget) 2020, which has allocated 297 billion RM for the year’s expenditure.

HCMC Party Chief Nguyen Thien Nhan gives certificates of merit to representatives of 24 districts for well fulfilling their budget revenue mission in 2018 on January 3 (Photo: SGGP)

HCMC’s budget revenue beyond estimates in 2018

State budget revenue in HCMC reached VND378,543 billion (US$16.33 billion) in 2018, accounting for 100.47 percent of estimates and increasing 8.65 percent over the same period last year, reported director of the city Department of Finance Phan Thi Thang yesterday.

A garment plant in HCMC (Illustrative photo: SGGP)

Vietnam targets 6.4-6.8 percent GDP growth for 2018

Prime Minister Nguyen Xuan Phuc has issued a directive on socioeconomic development and budget estimates in 2018, setting a target of 6.4-6.8 percent Gross Domestic Product (GDP) growth rate.