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Tuesday, September 27, 2022

Gov’t borrows VND54 trillion from Jan-Apr

By Van Phong

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HCMC – The Government’s debt totaled VND54 trillion in the first four months of the year.

The Department of Debt Management and External Finance under the Ministry of Finance said that the loans for the State budget amounted to more than VND51.3 trillion, meeting 7.9% of the Government’s target, while the on-lending loans neared VND2.5 trillion, reaching 9.2% of the target.

In April alone, the Government’s debt payments amounted to VND12.6 trillion, including some VND9 trillion in domestic loan payments and VND3.6 trillion in foreign loan payments.

Between January and April, the Government paid a total of VND91.6 trillion in debt, of which the Government’s direct debt payments totaled VND84 trillion.

Besides, the Government drew down some US$16.3 million, or VND380 billion, of foreign loans in April.

During the four-month period, the Government’s drawdown reached US$332.3 million, or VND7.6 trillion.

As for capital mobilization, as of the end of April, the State Treasury of Vietnam had mobilized some VND45 trillion from G-bond auctions with tenors of 5-30 years.

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