HCM City targets larger budget

01-Mar-2005 Intellasia | 28/Feb/2005 Vietnam News page 5 | 2:03 PM Print This Post

HCM City proposed a budget for this year of 54.35 trillion dong (US$3.43 billion), an increase of 11% form 2004.
Major revenue is expected to come from land auctions, housing sales and issuance of municipal bonds, and will be used in the city?s development projects.

 

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