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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

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

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