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ODA and other public investment priorities as part of the public debt management strategy

This paper presents a framework for prioritizing public investment projects, including overseas development assistance (ODA). It is intended as input into the government’s New ODA Directions draft document bearing in mind the public debt ceiling approved by the National Assembly and implemented by the government. While Viet Nam is not a heavily indebted country, persistently high fiscal deficits in recent years have heightened concerns about the economic risks associated with a rise in debt service obligations. The debt ceiling will motivate the government to achieve a more sustainable fiscal balance through a combination of widening the tax base and reducing spending, including more careful use of public investment resources, including ODA. What follows is an attempt to provide a set of selection criteria and an institutional framework for the allocation of public investment funds based on international experience and economic theory.

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Additional Info

Field Value
Document type Reports, journal articles, and research papers (including theses and dissertations)
Language of document
  • English
Topics Aid and development
Geographic area (spatial range)
  • Viet Nam
Copyright Yes
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Version / Edition 1
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The United Nations Development Programme 304 Kim Ma Street, Ba Dinh District, Ha Noi, Viet Nam Tel: +84 4 38500100 Fax: +84 4 37265520

Author (individual) Jonathan Pincus
Publisher UNDP
Publication date 2017
Pagination 32
Keywords ODA,đầu tư công,quản lý nợ công
Date uploaded August 28, 2018, 15:26 (UTC)
Date modified September 25, 2018, 08:51 (UTC)