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November 10, 2021 | 15:58

MoF advising government on stimulus package

Nguyễn Tuyến, Quang Thanh, Tiến Dũng

The Ministry of Finance (MoF) is advising the government on a stimulus package with interest rate support totaling about VND20 trillion ($879.54 million) per year and an implementation period of two years, Minister of Finance Ho Duc Phoc told the National Assembly (NA) on November 9. He also proposed an increase to public debt levels so there are funds to support lending interest rates for businesses.

MoF advising government on stimulus package
Minister of Finance Ho Duc Phoc at the NA on November 9.

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