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Update news debt repayment
The Ministry of Finance (MoF) announced on Wednesday that the appreciation in the value of the greenback did not make much impact on the Government’s public debt and debt payment.
MoF said that investors need to be aware of and accept the risks when buying bonds in case the enterprise cannot guarantee its obligation to pay the bond principal and interest.
Bui Duc Thu, deputy director of the National Assembly Deputies Affairs Committee speaks to Tuoi Tre newspaper about the Ministry of Planning and Investment’s role in tracking on the use of the overseas development aid.
VietNamNet Bridge – When the National Assembly promulgated the Law on Public Debt Management in 2009, Vietnam’s public debt to GDP ratio was similar to other countries; however, that ratio has increased rapidly