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Update news stimulus package
Commenting about the mega economic stimulus package, economists said the money should not be delivered equally to everyone, but should go to the right addresses.
After Vietnam launches a stimulus package by pumping more money into the economy, increases in over-expenditures and public debt are expected to occur.
National Assembly deputies have recommended that the Government design an economic stimulus package, but both the Government and the National Assembly have yet to discuss the topic.
Information on the interest rate support package to stimulate demand for the next two years has stirred mixed reactions from National Assembly deputies, which is similar to what happened to the US$1 billion stimulus package in 2009.
The Finance Ministry of Thailand will need $3.28 billion to sponsor the sustainable development strategy for the rural economic area with around 30 million low-income households nationwide.
VietNamNet Bridge – Now is a good time to purchase property because of various promotional programmes that favour buyers and investors,
VietNamNet Bridge – The Vietnamese government’s continued support of stimulus packages for the property sector are expected to offer more hope to property firms and buyers this year as the market begins its early-year recovery.
VietNamNet Bridge – The Government should offer farmers a support package, deputy director of the National Centre for Socio-economic Information and Forecasting Ta Dinh Xuyen told Nong thon Ngay nay (Countryside Today).
VietNamNet Bridge – The domestic cinema industry badly needs a stimulus package to pick itself up, both in terms of quality and quantity, delegates said at an online conference held recently by the Ministry of Culture, Sports and Tourism.
ACB gets ready to sell debt; New cyber service to provide online gold trading; Power price rises on back of coal, gas hike; Seven month retail figures post 4.9 percent increase
VietNamNet Bridge – Policy makers at central agencies are considering a stimulus package worth nearly VND100 trillion, or nearly US$4.9 billion, to prop up the sagging economy amid economists’ concerns about risks of instability therein.