Vietnam: 2001 Article IV Consultation and First Review Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria—Staff Report; Staff Statement; Public Information Notice; News Brief; and Statement by the Executive Director for Vietnam

January 9, 2002

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Vietnam: 2001 Article IV Consultation and First Review Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria—Staff Report; Staff Statement; Public Information Notice; News Brief; and Statement by the Executive Director for Vietnam, (USA: International Monetary Fund, 2002) accessed November 22, 2024

Summary

This paper assesses Vietnam’s 2001 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for Waiver and Modification of Performance Criteria. Economic performance has been positive so far in 2001, under the first-year PRGF-supported program. Despite slowing exports, real GDP growth has been relatively robust, inflation subdued, and the external position has strengthened. All but two of the end-June quantitative benchmarks and performance criteria were observed. The authorities are taking corrective steps and pursuing a policy agenda aimed at sustaining growth and protecting macroeconomic stability.

Subject: Bank credit, Bank deposits, Banking, Commercial banks, Credit, Economic sectors, External debt, Financial institutions, Money, Public enterprises

Keywords: Authorities aim, Authority, Bank credit, Budget revenue, Commercial banks, CR, Credit, Global, Growth, Guideline, ISCR, NPL resolution, Public enterprises, Recovery unit, SOCB reform, Staff appraisal, State-owned commercial banks, Vietnamese authorities

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/004
Stock No:

1VNMEA0012002
ISBN:

9781451840186
ISSN:

1934-7685

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