Vietnam: 2005 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Vietnam

International Monetary Fund

No 2006/022, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2005 Article IV Consultation for Vietnam reports that high credit growth in the context of weak bank balance sheets remains a cause for concern. The overall fiscal deficit narrowed from 7.2 percent of GDP in 2003 to 4½ percent of GDP in 2004, but a growing program of off-budget operations has weakened fiscal transparency and heightened concerns about medium-term debt sustainability. Improvements in the reliability, timeliness, and dissemination of key data are urgently needed to enhance the quality of policy analysis and surveillance.

Keywords: ISCR; CR; government; authority; minimum wage; state equity ratio; budget; Vietnamese authorities; authorities' plan; civil service wage structure; government interference; Commercial banks; Exports; Global; Asia and Pacific (search for similar items in EconPapers)
Pages: 77
Date: 2006-01-24
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=18824 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2006/022

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().