In the first half of the year, the national general public budget revenue increased by 13.3% year-on-year, and key expenditures were effectively guaranteed nationwide | news | year-on-year
CCTV News: The Ministry of Finance held a press conference this morning to release the financial revenue and expenditure situation for the first half of 2023. In the first half of this year, the national general public budget expenditure was 13389.3 billion yuan, a year-on-year increase of 3.9%. Key expenditures such as basic livelihood, rural revitalization, and education were effectively guaranteed.
Data shows that in the first half of the year, the national general public budget revenue was 11920.3 billion yuan, a year-on-year increase of 13.3%. Among them, tax revenue was 9966.1 billion yuan, a year-on-year increase of 16.5%; Non tax revenue was 1954.2 billion yuan, a year-on-year decrease of 0.6%.
![In the first half of the year, the national general public budget revenue increased by 13.3% year-on-year, and key expenditures were effectively guaranteed nationwide | news | year-on-year](https://a5qu.com/upload/images/191d48536da89f12286f9b2f549a90f2.jpg)
Xue Xiqian, Deputy Director of the Treasury Payment Center of the Ministry of Finance: The growth rate of fiscal revenue is relatively high. In addition to the economic recovery driven growth, it is mainly due to the implementation of a large-scale value-added tax retention and refund policy in April last year, with a large number of centralized tax refunds, which has lowered the base. As a result, tax revenue, especially domestic value-added tax, has increased significantly, correspondingly driving up the growth rate of fiscal revenue.
In terms of expenditure, in the first half of the year, the national general public budget expenditure was 13389.3 billion yuan, a year-on-year increase of 3.9%. Among them, social security and employment expenditure increased by 7.9%, education expenditure increased by 5%, health expenditure increased by 6.9%, agriculture, forestry and water expenditure increased by 3.7%, science and technology expenditure increased by 2.5%, and key expenditures such as basic livelihood, rural revitalization, regional major strategies, education, and scientific and technological breakthroughs were effectively guaranteed.
![In the first half of the year, the national general public budget revenue increased by 13.3% year-on-year, and key expenditures were effectively guaranteed nationwide | news | year-on-year](https://a5qu.com/upload/images/038bb9a78cef688f025b5b16cfa2675a.jpg)