Strengthening public financial management towards sustainability, efficiency, equity

(VOVWORLD) - The World Bank and the Vietnamese government on Tuesday launched a joint report titled “Vietnam Public Expenditure Review (PER): Fiscal policies towards sustainability, efficiency, and equity”. 
Strengthening public financial management towards sustainability, efficiency, equity - ảnh 1Vietnam strengthens public financial management towards sustainability, efficiency, equity (Photo: Kien Thuc)

The main purpose of the report is to help the government build policies and action plans, particularly in meeting growth targets, reducing poverty, and attaining global integration objectives. The report points out state budget revenue, expenditure, and loan trends, based on analysis and review of Vietnam’s deficit spending and public debt management between 2010 and 2015.

The report provides recommendations for policy reform and public financial management in the short, medium, and long term. It also recommends appropriate support for the poor and measures to ensure that the economic growth of Vietnam will be equitably distributed.

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