Public debt is an important part and are indispensable in every national finance. From the poorest countries in Africa to the developed countries such as Vietnam, Cambodia or the rich powers with a high level of development, such as the US, Japan, EU, the borrowers are required to cater to the needs spending and used by the government to different purposes. Public debt should be rational use, efficiency and good management, otherwise the debt crisis can happen to any country at any time and leave serious consequences. Meanwhile, Vietnam's public debt is currently at 54.3% of GDP with a growth rate of over 15% of annual debt. With this tocdo, public debt will exceed 100% Vietnam GDP, an alarming figure for a small economy growing and highly dependent on exports of raw agricultural products and light industry. Therefore, this article will focus more clearly analyze the public debt and public debt management in Vietnam in order to offer a forecast on the situation of Vietnam's public debt as well as a number of policy recommendations aimed at effective management of public debt in Vietnam.
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