KONTAN.CO.ID - BEIJING. China's fiscal revenue rose 11.5% in the first seven months of 2023 from the same period a year earlier, but was slower than the 13.3% rise posted for the first six months, official data showed, amid signs the economy is losing momentum. Fiscal revenue totalled 13.9 trillion yuan ($1.92 trillion) from January-July, while fiscal expenditure grew 3.3% to 15.2 trillion yuan ($2.10 trillion), the finance ministry said in a statement on Monday. Baca Juga: Thailand Q2 GDP Growth Slows Sharply Amid Weak Global Demand, Government Cuts Outlook
China's Fiscal Revenue Slows as Economy Struggles
KONTAN.CO.ID - BEIJING. China's fiscal revenue rose 11.5% in the first seven months of 2023 from the same period a year earlier, but was slower than the 13.3% rise posted for the first six months, official data showed, amid signs the economy is losing momentum. Fiscal revenue totalled 13.9 trillion yuan ($1.92 trillion) from January-July, while fiscal expenditure grew 3.3% to 15.2 trillion yuan ($2.10 trillion), the finance ministry said in a statement on Monday. Baca Juga: Thailand Q2 GDP Growth Slows Sharply Amid Weak Global Demand, Government Cuts Outlook