Search

 

Cablegate: Vietnam: Millenium Challenge Account Data

This record is a partial extract of the original cable. The full text of the original cable is not available.

UNCLAS HANOI 000650

SIPDIS

PHNOM PENH PASS USAID

E.O. 12958: N/A
TAGS: EAID ECON EFIN VM
SUBJECT: VIETNAM: MILLENIUM CHALLENGE ACCOUNT DATA

REF: STATE 46075

1. OVERALL BUDGET BALANCE: The IMF and GVN track the
overall fiscal balance in three ways: 1) overall fiscal
balance excluding onlending and capital costs of reform; 2)
overall fiscal balance including onlending; 3) augmented
fiscal balance including onlending and capital costs of
reform. These numbers come from IMF Country Report 02/151.
In trillions of Vietnamese Dong:

Method 1: Method 2: Method 3
1998 1): -0.5; 1998 2): -5.8; 1998 3): -8.2
1999 1): -3.3; 1999 2): -10.4; 1999 3): -10.4
2000 1): -12.0; 2000 2): -21.9; 2000 3): -21.9

IMF Preliminary Estimate:

2001 1): -15.8; 2001 2) -21.1; 2001 3): -21.1

2. GOVERNMENT EXPENDITURES ON HEALTH: According to the
Ministry of Finance budget data website,
http://www.mof.gov.vn/solieu_e/2000.htm, the GVN spent 6.55
trillion Vietnamese Dong in 2000.

3. GOVERNMENT EXPENDITURES ON PRIMARY EDUCATION: According
to the Ministry of Finance budget data website,
http://www.mof.gov.vn/solieu_e/2000.htm, the GVN spent
15.998 trillion Vietnamese Dong in 2000.

4. GDP: The IMF Hanoi office provided these figures. At
current market prices, in trillions of Vietnamese Dong:

1998: 360.6
1999: 399.942
2000: 441.646
2001: 481.296
2002: 536.097

5. A number of issues with the above data exist. In
addition to the unavailability of recent data, data is
constantly in flux due to poor collection mechanisms.
Furthermore, Vietnam has begun to decentralize some
expenditures even though it has yet to establish a single
accounting system for budget reporting, making central
accounting even more difficult.
PORTER

© Scoop Media

 
 
 
World Headlines

 



Save The Children: Ukraine: 21 Children Killed Or Injured In Horrific Week Of Violence

At least 21 children have been killed or injured in just a week in an uptick of violence across Ukraine, Save the Children said today... More>>


UN: Visionary ‘Blue Transformation’ Strategy To Enhance Underwater Food Systems

Record levels of fisheries and aquaculture production are making a critical contribution to global food security, the UN Ocean Conference under way in Lisbon, Portugal, heard on Wednesday...
More>>
Abu Akleh Shooting: Fatal Shot Came From Israeli Forces, Says OHCHR
Israeli forces were behind the fatal shooting of Al Jazeera journalist Shireen Abu Akleh in the West Bank - not indiscriminate Palestinian firing - the UN human rights office, OHCHR, alleged on Friday... More>>



UN Ocean Conference: Opens With Call For Urgent Action To Tackle Ocean Emergency
With climate change, biodiversity loss and pollution exacting a devastating toll on the world’s ocean — critical to food security, economic growth and the environment... More>>

World Vision: Deeply Concerned For Thousands Affected By Afghanistan Quake
World Vision is deeply concerned about the deteriorating humanitarian situation in Afghanistan in the wake of a powerful earthquake in the early hours of this morning... More>>



Malaysia: UN Experts Welcome Announcement To Abolish Mandatory Death Penalty

UN human rights experts* today commended an announcement made by the Malaysian government that it will abolish the country’s mandatory death penalty and encouraged Parliament to take concrete steps to pass the agreement into law... More>>