Strengthening Fiscal Risk Management of Government Guaranteed Loans in Viet Nam: Improving Public Expenditure Quality Program
ADB, through its Improving Public Expenditure Quality Program, has provided policy and technical assistance to address critical public financial management weaknesses, increase the efficiency of public expenditure, and improve infrastructure and services for Viet Nam since 2014.
Key reform priorities of the program are to (i) develop clearer internal credit risk guidelines, (ii) introduce credit risk score cards, (iii) develop a simple and transparent rating system, and (iv) establish a stronger link between credit risks and guarantee fees.
- Key Issues for Risk Management of Government Loan Guarantees
- Short- to Medium-Term Reform Priorities
- Longer-Term Reforms