Vietnam – Outlook for 2009-10

Posted on 30 June 2009 by admin

The global financial crisis and economic downturn has generated new challenges for the Vietnamese government, forcing policymakers to shift their focus from containing inflation to supporting economic growth. The government !s fiscal stimulus is estimated to be worth under US$4bn by the IMF (estimates vary dramatically; the government!s fiscal accounting lacks credibility) and will go towards a raft of infrastructure projects as well as other measures that will help to boost growth.

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EIU-VN-Country-Report-2009-06+(2)

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