IMF to implement Continuing Fiscal Reforms in Ukraine project until 2023
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Treasury Adviser – International
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Fiscal reforms a must to underpin growth 09:00 | 10/02/2021
Despite no signs of an end to the pandemic, the government is expecting a growth rate of 6.5 per cent this year. Francois Painchaud, resident representative of the International Monetary Fund in Vietnam, writes about what the country should do to achieve its 2021 target, especially in terms of fiscal and monetary policies.
Francois Painchaud, resident representative of the International Monetary Fund in Vietnam
Vietnam took decisive steps to contain the COVID-19 pandemic, which helped limit the health and economic fallout from the health crisis. Swift introduction of containment measures combined with aggressive contact tracing, targeted testing, and isolation of suspected cases helped contain new infections. Fiscal policy also provided support to vulnerable households and businesses.