State budget pressures persist in spite of revenue momentum
October 13, 2022 | 09:00
The first nine months of the year have seen a gigantic surplus in state coffers, showing a gradual recovery of domestic production and business activities, but a budget deficit is still expected for the whole year due to expenditures outnumbering revenues.
Budget bumps remain amid rise in revenues
June 02, 2022 | 09:00
Vietnam has witnessed a lower-than-expected budget deficit last year thanks to a big rise in assorted revenues regardless of a climb in expenditure, with public debt remaining at a safe level and pro-business policies benefiting individuals and enterprises.
Overspend in the works for reboot of national economy
November 18, 2021 | 11:12
Vietnam may not be able to increase its budget deficit next year in order to ensure state budget spending, with the economy still sabotaged and business revenues still dented.
Russia plans to triple state debt by 2014
August 09, 2011 | 01:00
Russia, which until now has borrowed relatively little, is envisaging a tripling of its public debt in the next three years amid sluggish growth and high spending, the finance ministry said on Monday.
Economy fast approaching its moment of truth
April 25, 2011 | 08:44
“The expected results will depend on the persistence of the government’s policies in the next three years to restore the macroeconomic balances which were lost during 2007-2010”
Time to think outside the box
January 13, 2011 | 11:54
The consumer price index rise of nearly 12 per cent in 2010 showed that inflation had returned right when the economy started to rebound.
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