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Decision 412/QD-TTg 2022 Scheme on national credit rating improvement through 2030
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Please Sign in your LuatVietnam account and sign up for the lookup software .Issuing bodies: | Prime Minister | Effective date: | |
Official number: | 412/QD-TTg | Signer: | Le Minh Khai |
Legislation Type: | Decision | Expired date: | Updating |
Issuing date: | 31/03/2022 | Effect: | |
Fields: | Finance - Banking |
By 2030, strive GDP growth rate of about 7% on average
Specifically, a number of objectives of the Scheme shall be as follows: by 2030, to strive that the gross domestic product (GDP) growth rate will be about 7% on average for the whole period; per-capita GDP at current price will reach around USD 7,500 by 2030; the total social investment will account for 33-35% of the GDP on average.
Additionally, striving for the target that the state budget deficit by 2030 will be about 3% of the GDP; public debts and government debts will not exceed 60% and 50% of the GDP, respectively. The capital adequacy ratio of commercial banks in the 2021-2025 period will reach 11-12% and maintained at 12% or higher by 2030. The forest coverage rate will be kept at 42%; the rate of treatment and reuse of water discharged into the environment in river basins will surpass 70%; greenhouse gas emissions will be reduced by 9%; etc.
For achieving the above-mentioned targets, to continue to improve and raise the quality of socialist-oriented market economy institutions; to thoroughly tap advantages of trade agreements; to raise the productivity and quality of human resources through education and training; to optimize the capacity of young workers to meet requirements of the Fourth Industrial Revolution and international integration; etc.
This Decision takes effect on the date of its signing.
For further details of the Decision 412/QD-TTg, Click here