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Tag
debt ceiling
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Vietnamese lawmakers deny debt ceiling increase, insist gov't control spending
The government wants to borrow more but the legislature is saying no.
Delays in ODA-funded projects drag down Vietnam's economy
Projects that are two or three years late cost 1.5 times more than projected.
Vietnam trying to rein in rising public debt: Finance minister
The government is refusing to raise the public debt ceiling in order to ensure financial security.
November 16, 2017 | 02:16 am PT
GDP revision threatens to send debts spiraling, warn experts
The upward revision in Vietnam’s GDP will raise spending and borrowing ceilings while revenue sources remain unchanged, experts warn.
August 30, 2019 | 05:00 am PT
Biden, McCarthy meeting ends with no deal on debt ceiling
President Joe Biden and House Speaker Kevin McCarthy ended discussions on Monday with no agreement on how to raise the U.S. government’s $31.4-trillion debt ceiling and will keep talking with just 10 days before a possible default that could sink the U.S. economy.
May 22, 2023 | 07:08 pm PT
Biden says final US debt ceiling deal ready to move to Congress for vote
U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote.
May 28, 2023 | 07:24 pm PT