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Reviving Vietnam’s Economy with Fiscal and Monetary Policies: Resolution 43 | Dezan Shira & Associates

posted 2 years ago

Vietnam’s National Assembly (NA) adopted Resolution 43/2022/QH15 (Resolution 43) on fiscal and monetary policies to support Vietnam’s economic recovery due to the pandemic and subsequent lockdowns in 2021.

Under Resolution 43, the government has asked the Ministry of Planning and Investment (MPI) to draft policies that would help Vietnam in its post-covid recovery. Resolution 43 sets a number of policies to support key growth and help Vietnam achieve a GDP growth of 6.5 to 7 percent between 2021 to 2025.

Resolution 43 aims to address issues in order to main macroeconomic stability and resilience so that the Vietnamese economy can grow. The NA has approved a package of approximately US$15 billion under the Resolution.

Vietnam Briefing looks at the main highlights of the Resolution.

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