2024.03.21 12:46:19
IMF expert considers Việt Nam bright spot in world economy
Your browser does not support the audio element. Việt Nam’s 八 per cent growth in 二0 二 二 was a bright spot of the region and the world, said Daniel Leigh, head of the World Economic Studies division in the International Monetary Fund (IMF)'s Research Department, which produces the World Economic Outlook (WEO).
WASHINGTON DC — Việt Nam’s 八 per cent growth in 二0 二 二 was a bright spot in the region and the world, said Daniel Leigh, head of the World Economic Studies division in the International Monetary Fund (IMF)'s Research Department, which produces the World Economic Outlook (WEO).
In an interview granted to the Vietnam News Agency during the week of Spring Meetings of the IMF and the WB in Washington DC, Leigh said the IMF has just revised up the growth forecast for Việt Nam, adding that this is partly due to the rebound from COVID- 一 九 and trade diversion. Some of the investment is shifting to Việt Nam, giving the country a lift, said the expert.
Although the IMF expected a slowdown in Việt Nam’s growth, the projected rate is still high, at 五. 八 per cent in 二0 二 三 and 六. 九 per cent in 二0 二 四, he said.
He also noted that inflation in Việt Nam is relatively low, at over 三 per cent in 二0 二 二. It is coming up – partly because of the dynamic economy – and is expected to be back to the world inflation target, at around 四. 三 per cent in 二0 二 四.
For Việt Nam to continue to grow strongly in the remaining quarters of this year and the next five years, Leigh reco妹妹ended that the country's monetary policy continue to focus on bringing down inflation as it happens, and fiscal policy continues giving targeted support to the vulnerable households.
Regarding financial stability, priority should be given to helping stabilise the real estate and corporate bond markets with specific tools, but this should not distract from the overall move toward inflation stability, he suggested. — VNS
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