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Fiscal revenues up 14.4 percent in April

CCTV.com

05-13-2016 15:08 BJT

Fresh data from the Ministry of Finance shows that fiscal revenues in April climbed to 1.55 trillion yuan, a 14.4 percent increase from a year ago.

The ministry said Friday the central government accounted for 41.5 percent of the revenues while local governments contributed 58.5 percent.

The ministry also says fiscal expenditures reached 5.44 trillion yuan in April. That was an 8.6 percent increase year on year. The central government accounted for 40.6 percent of the expenditures while local governments for 59.4 percent.

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