Improving the Sustainability of Vietnam State Budget.
Journal Title: International Journal of Innovation and Research in Educational Sciences - Year 2018, Vol 5, Issue 3
Abstract
The State budget has played an extremely important role in all socio-economic activities, national security, defense and foreign affairs of the country, in which, sustainable budget has occupied a key position to ensure the sustainability and security of the public finance sector. Therefore, it is able to decide the sustainability of the whole social economy. Stepping into the 2016-2021 period, many predictions about the internal and external economic situation indicate that revenue and expenditure activities of the State budget in Vietnam has been difficult, the trend of State budget deficit remains high and lasting, public debt having high potential risks will adversely impact on stability and sustainability of the State budget. The following article using comparative synthesis method will present the State budget situation in general and the situation of the sustainability of revenues and expenditures in particular. Thereby, the directions and solutions to enhance the sustainability of Vietnam’s State budget could be suggested.
Authors and Affiliations
Xuan Hoan Dang
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