The State Bank of Viet Nam (SBV) is expected to further take monetary easing measures to support the country’s GDP growth target of above 5 per cent this year in light of a weak economic outlook, experts forecast.
The Government has set a Gross Domestic Product (GDP) growth target of 6.7 per cent for 2017, which General Statistics Office General Director Nguyen Bich Lam, said is quite achievable.
The country''s economic growth will improve in the next quarter and the
5.8 per cent GDP growth target will likely be met thanks to the
Government''s measures to increase aggregate demand, according to the
National Financial Supervisory Committee.