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China April Fiscal Revenues Rose Marginally by 6.9 Pct Yr/yr to 1.08 Tln Yuan

China's fiscal revenues rose 6.9 pct y/y in April to 1.08 trillion Yuan down from a 19 pct increase in March - Finance Ministry
Receipts from VAT, rose 9.3 pct y/y in April to 199.7 billion Yuan while personal income tax collection fell 13.8 pct y/y
Import tax revenues also dropped 2.3 pct over the period, on weakening import growth
The ministry also said fiscal expenditure climbed 8 pct to 788.5 billion Yuan
Revenue rose 12.5 pct to 4.08 trillion Yuan, while spending over the period hit 3.2 trillion Yuan, up 26.2 pct

Published: 2012-05-11 12:58:00 UTC+00

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May 24 at 1:16 UTC