The slow disbursement of foreign public investment in the first half of this year was mainly due to projects that can’t be completed, and these bottlenecks should be cut out of the master plan as they slow the release of funds.
The public sector’s external short-term debts (government debts and government guarantee) are under strict control, with their share in Vietnam’s external debt structure declining rapidly, said Vo Huu Hien, Deputy Director of the Ministry of Finance's Debt Management and External Finance Department, at a workshop on January 26.
The debt management in Vietnam requires reforms to meet the requirements of management amid radical changes in development of the country and gradually move closer to international practices.
The Thai Cabinet on September 3 gave the green light for an expenditure budget of 3.2 trillion THB (about 104.5 billion USD) in fiscal year 2020, up 6.7 percent from the previous fiscal year.
The World Bank (WB) has approved a 200-million-USD credit to Myanmar through the Development Policy Operation (DPO) programme to help the country maintain a stable growth and reduce poverty.
Deputy Prime Minister Vuong Dinh Hue has called for more support from Standard Chartered Bank (SCB) to Vietnamese Government agencies during working sessions with international rating organisations.