2. VIETNAM'S STIMULUS POLICY in 2009: is stimulus measures to boost the Government's net spending (also called public consumption), from which the increase in total demand, stimulating economic growth. 2.1 introduction of Vietnam's stimulus policy in 2009: in 2009, the Government of Vietnam has taken stimulus measures through the policy interest rate 4% support for the enterprise, free programs, reducing and relaxing tax, guarantee for enterprises, commercial banks ... On 12/5/2009, Ministry of planning and investment has announced the official about the stimulus package worth 143,000 billion (equivalent to us $ 8 billion) from the Government, later increased to 160 thousand billion (equivalent to us $ 9 billion). With that, the stimulus package equivalent to 8 billion USD is divided into 8 sections have different values. Specific part of this stimulus package include:-support credit loans interest rates of about 17,000 billion. -Interim recovery of basic construction investment of about 3,400 billion advance. -Advance the State budget to make some urgent projects about 37,200 billion. -Transfer of capital investment plans in 2008 to 2009 about 30,200 billion. -Release of more government bonds to about 20,000 billion. -A policy of tax reduction of about 28,000 billion. -Increase in outstanding credit guarantee for business about 17,000 billion. -The other stimulus spending aimed at halting economic decline, social security guarantees of about 7,200 billion.
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