"The negative manifestations of interest rate support mechanism disclosed, the unfavorable impact of macro-economic stability and banking activities" - The representative of the State Bank said.
Mr Tien also that instead of adding a second stimulus package, the government can focus on pushing for reforms such as creating a favorable business environment, a reasonable mechanism.
stimulus rural areas: why low?
Deputy Secretary of Party Committee of Quang Nam, Nguyen Van Sy said the stimulus policy of lending to rural areas was born late, between April so far loans to this group at very low levels, accounting for 2% total outstanding loans to interest rate support.
As in Quang Nam separate credit mechanism for rural agricultural loans accounted for only 11 percent of total loans. The stimulus funds to be disbursed not strong in this group partly because information on loans to farmers is limited.
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