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Fiscal policy
Update news Fiscal policy
Fiscal policy needs to ‘share fire’ with monetary policy
Some friends of mine asked me the other day if they should buy USD to hoard after the forex trading band was raised by the State Bank of Vietnam (SBV) to 5 percent. In the black market, of course.
Government succeeds in reducing public debt to safety level
“As taut as a violin string" was the phrase used to describe the state of the budget and public debt. After five years of applying flexible solutions, the situation has now become different.
Banks support enterprises in various forms
Incomplete statistics show that businesses have enjoyed cuts of at least 100 trillion VND (4.25 billion USD) to support them amid the COVID-19 pandemic.
Top IMF official suggests VN update fiscal policies
Prime Minister Nguyen Tan Dung emphasised that Viet Nam hoped to increase co-operation with the International Monetary Fund (IMF), while receiving IMF Deputy Managing Director Mitsuhiro Furusawa in Ha Noi June 12.
Government urged to tighten fiscal policy
Only when Vietnam tightens fiscal policy and loosens monetary policy will it be able to make a breakthrough in allocating resources, which would untie the knot of the national economy, experts have said.
IMF expects U.S. economy to grow by 1.7 pct in 2013
Growth of U.S. economy will remain tepid through 2013, before accelerating in 2014, said the International Monetary Fund (IMF) on Friday.
Monetary and fiscal policies go their separate ways
VietNamNet Bridge – Vietnam has been mostly relying on the monetary policies in regulating the national economy, while the fiscal policy has been ignored.
