Viet Nam’s fiscal deficit (excluding debt principal repayments) would be 6.4 per cent of GDP in 2020, almost double of 3.4 per cent last year, Fitch Solutions forecast.
Việt Nam’s fiscal deficit, including principal repayments, would come in at 6.6 per cent of GDP in 2019 and 2020, up from 5.9 per cent in 2018, Fitch Solutions Macro Research forecast.
Viet Nam''s fiscal deficit will stay high at 5.7 per cent in 2019 due to delays in the divestment of State-owned enterprises (SOE) and lower import tax revenues, Fitch Group’s Fitch Solutions forecast.
