Publication:
Taking Stock, August 2023: Making Public Investment Work for Growth

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-08-10T15:24:11Z
dc.date.available2023-08-10T15:24:11Z
dc.date.issued2023-08-10
dc.description.abstractThe latest Taking Stock report shows that Vietnam’s economic growth slowed from 8% in 2022 to 3.7% in the first half of 2023. It forecasts a moderate growth of 4.7% in 2023, gradually accelerating to 5.5% in 2024 and 6.0% in 2025. However, the economy faces external and domestic headwinds. Vietnam has ample fiscal space and a proactive fiscal policy supporting short-term demand, removing barriers to the implementation of public investment, and addressing infrastructure constraints can help the economy achieve these targets and promote long-term growth. The report’s special chapter studies Vietnam’s public investment management and how it can contribute to the goal of becoming a high income economy. To harness the power of public investment, the report recommends that Vietnam sustain its level of investment, improve the quality of the proposed project, and address deficiencies in public investment management and inter-governmental fiscal institutions. en
dc.identifierhttp://documents.worldbank.org/curated/en/099408408092319382/IDU0301a3e760c732046e509d3106e81810de4b9
dc.identifier.doi10.1596/40169
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40169
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectPUBLIC INVESTMENT
dc.subjectECONOMIC GROWTH
dc.subjectDECNTRALIZATION
dc.subjectCLIMATE CHANGE
dc.titleTaking Stock, August 2023en
dc.title.subtitleMaking Public Investment Work for Growthen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleTaking Stock, August 2023: Making Public Investment Work for Growth
okr.date.disclosure2023-08-10
okr.date.lastmodified2023-08-09T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099408408092319382/IDU0301a3e760c732046e509d3106e81810de4b9
okr.guid099417508092322367
okr.guid099408408092319382
okr.identifier.docmidIDU-301a3e76-c732-46e5-9d31-6e81810de4b9
okr.identifier.doihttp://dx.doi.org/10.1596/40169
okr.identifier.externaldocumentum34132460
okr.identifier.internaldocumentum34132460
okr.identifier.report184472
okr.import.id1433
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099408408092319382/pdf/IDU0301a3e760c732046e509d3106e81810de4b9.pdfen
okr.region.administrativeSouth Asia
okr.region.countryViet Nam
okr.region.geographicalSoutheast Asia
okr.topicFinance and Financial Sector Development::Public & Municipal Finance
okr.topicPublic Sector Development::Decentralization
okr.topicPublic Sector Development::Climate Change Policy and Regulation
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
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