Fiscal revenue reaching 71.9 billion yuan

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Category: Governmental News

Published: Tuesday, 12 June 2012 09:22

According to the latest statistics from Ningbo Municipal Bureau of Finance, the total fiscal revenue of the first five months reaches 71.9 billion yuan, up by 4.9% over the same period last year. The general fiscal budget expenditure stands at 28.42 billion yuan, up by 16.1% over the same period last year.

In May, Ningbo's general budget revenue reached 11.96 billion yuan, up by 7.4% over the same period last year. To be specific, the local fiscal revenue was 5.19 billion yuan, down by 1.3%, and the central fiscal revenue was 6.77 billion yuan, up by 15.2%. Ningbo's general fiscal budget expenditure in May was 5.85 billion yuan, down by 2.8% over the same period last year.

In terms of export tax rebate, in May, Ningbo actually accomplished an export rebate of 5.34 billion yuan, up by 68.4%. While in the first five months, the realized export tax rebate reached 23.79 billion yuan, up by 29.6%