Fiscal policy should take the lead in policy support
The headline fiscal deficit is projected to widen moderately this year.
The headline fiscal deficit is projected to widen moderately this year.
Fiscal policy easing or debt financing solutions for development investment are not appropriate in the context that Vietnam tries to control inflation and public debt reaching the ceiling of 65 per cent of GDP, according to international experts.
The Government of Vietnam and the World Bank released the report "Vietnam Public Expenditure Review: Fiscal Policy towards Sustainability, Efficiency and Equity" on October 3 in Hanoi.