Current Current situation and solutions to improve the efficiency of public debt management in Vietnam in the period 2020-2025

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Nguyễn Thanh Cai

Abstract

Public debt is always a topical issue of the country, with a lot of people interested. The ratio of public debt to our country's GDP in recent years tends to decrease slightly, however, the scale of public debt has increased greatly, foreign debt still accounts for a high proportion, the efficiency of using public debt still low, corruption and wastefulness in public investment have not been prevented in time. Regarding public debt management, the Law on Public Debt Management in 2017 has been implemented, along with it, the Government has issued 6 decrees on public debt management. However, in fact, public debt management is still inadequate and limited, so public debt still has many potential risks. In the immediate years, social savings are still lower than the demand for social investment, so the State still has to continue borrowing to invest in development. The paper studies some issues on public debt and public debt management, analyzes and evaluates the situation of public debt management in our country, on that basis proposes some solutions to improve the efficiency of public debt management in the coming time.

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How to Cite
Cai, N. (2019). Current Current situation and solutions to improve the efficiency of public debt management in Vietnam in the period 2020-2025. Binh Duong University Journal of Science and Technology, 1(3). Retrieved from http://jst.bdu.edu.vn/jst/article/view/460
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