Public debt payment forecast to reach 2014 estimate
(VOVworld) – The Ministry of Finance reported to the National Assembly that public debt payment this year is set at 120 trillion VND and over 100 trillion VND was paid in the first 9 months equivalent to 84.9% of estimate. Vietnam will fulfill 100% of the set target for public debt payment, an increase of 14.3% compared with last year.
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Finance Minister Dinh Tien Dung |
Finance Minister Dinh Tien Dung said the management of state budget has ensured the scheduled payment progress which has increased the state ability to pay debts while implementing other tasks such as resolving the consequences of drought, floods, storms, and epidemics in human and animal and raising budget for national defense and social security. Financial agencies at all level have tightened the management and usage of state budget and assets.