25 Aug 2022 Emerging Asia Monitor Vietnam's Public Debt Fell Trivially in 2021, but Consolidation Now is Real

Miguel Chanco (Chief EM Asia Economist)24th Aug 2022 13:36Emerging Asia, Daily Monitor

Don’t set store by the reported plunge in Vietnam’s public debt-to-GDP ratio in 2021 to a record low...

...Remember that the denominator is inflated; falling external and secured debt remain the key themes.

Fiscal consolidation in the first half of 2022 was sharp, thanks largely to a strong revival in revenue.

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central government debt debt-to-GDP ratio deficit gdp growth government government debt nominal gdp nominal gdp growth

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Keywords for: 25 Aug 2022 Emerging Asia Monitor

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