What’s behind the government's $86 billion debt? The changes in debt structure, caused by the government's borrowing from domestic sources, and the rapid increase in total debts are two significant items included in the public debt bulletin. VietNamNet Bridge - The changes in debt structure, caused by the government's borrowing from domestic sources, and the rapid increase in total debts are two significant items included in the public debt bulletin. As the government pays 6-7.8 percent per annum for government bonds, there will be no more capital for businesses.However, deputy chair of the State Securities Commission Nguyen Thi Lien Hoa thinks that businesses could borrow capital if they have good business plans.VNE It is estimated that half of the amount would be borrowed through government bond issuance, while the remaining would be from ODA (official development assistance), insurance funds, SCIC (state capital investment corporation) and international bonds.In 2010-2015, the government borrowed 846.900 trillion through bonds.Reports showed that the budget deficit in 2015 exceeded VND180 trillion, 13 times higher than 2006.

Source: VietNamNet News July 18, 2016 07:07 UTC