3:43:36 PM | 11/11/2008
Vietnamese lawmakers Nov 8 rectified 2009's state coffer income of VND389.9 trillion and spending of VND491.3 trillion with state deficit accounting for 4.82 per cent of the country's GDP value.
They also turned green light to continuing tight fiscal policies, monetary polices to curb inflation and avert deflation.
Local legislators requested reinforcement of amended tax law effective from 2009, agreeing to extending tax payments for small and medium businesses to boost growth.
Vietnam will issue VND36 trillion of government bonds next year to raise funds for infrastructure development projects. (Vietnam Economics Times)