#public debt

Truong Hung Long, Director of the ministry’s Department of Debt Management and External Finance, said public debt was forecast to stand at 61.4% of gross domestic product (GDP) by the end of this year, down 63.7% from the end of 2016 and below the ceiling of 65%.

Growth is an inclusive target of Vietnam, which will assist the country in addressing employment, increasing budget collection and reducing public debt, Prime Minister Nguyen Xuan Phuc stressed at a national teleconference between the Government and localities on July 2.