By the end of the first quarter of 2022, the petrol price stabilization fund is negative nearly 170 billion dong
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Accordingly, in the first quarter of 2022, from January 1 to the end of March 31, the total amount deducted from the Price Stabilization Fund is VND 601,780 billion, the total use of the Price Stabilization Fund is VND 1,671,421 billion.
Besides, the interest arising on the balance of the Positive Price Stabilization Fund in the first quarter of 2022 is VND 1,637 billion; Interest arising on the negative price stabilization fund balance in the first quarter of 2022 is VND 499 million.
Previously, the balance of the Price Stabilization Fund as of December 31 was 898,582 billion VND.
The largest number of negative funds belongs to the Vietnam Oil Corporation (PVOil), up to 1,095 billion VND. Next is the fund of the Vietnam National Petroleum Group (Petrolimex) negative 414.6 billion dong; Petro Binh Minh Co., Ltd. negative 110 billion dong…
The Ministry of Finance said that the publicity of the price stabilization fund aims to continue implementing the principle of publicity and transparency in the petrol price management According to the provisions of Decree No. 83/2014/ND-CP dated September 3, 2014 and Decree 95/2021/ND-CP dated November 1, 2021 (amended and supplemented) of the Government on petrol trading. oil.
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