During the conference, donors contributed VNĐ38.2 billion (US$1.7 million) to support flood victims in provinces of Quảng Nam, Quảng Ngãi, Thừa Thiên-Huế, Bình Định and Đà Nẵng.— VNS … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
Cuban news today
To cope with Covid-19, many governments around the world have had to accept economic sacrifices, with a rise in the public debt-to-GDP ratio and budget deficits. The budgets of quite a few governments have fallen into a situation of more spending and less revenue: spending on the health system, cash and credit supports for workers and the business community, plus reductions and deferment of payments of various taxes. In some states with a decent social security system like in Europe, the ratio of public debt to GDP is up to 80-110%, while budget deficits reach 8-9% of GDP. … [Read more...] about Demand stimulus: where to begin?