Vietnam: Technical Assistance Report-Macroeconomic Framework Technical Assistance–Ministry of Planning and Investment: Scoping Mission
IMF Staff Country Reports, September 29, 2023
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Bibliographic details
- Published: September 29, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400256905.002
Overview
- Publication date: September 29, 2023
- Purpose: Building capacity in macroeconomic analysis and forecasting in the Ministry of Planning and Investment (MPI) through a technical assistance (TA) project initiated by this scoping mission.
- Core outcome: Establishment of a Core Working Group (CWG) under MPI coordination to carry out macroeconomic analysis and receive IMF assistance.
Key findings
- There is no fully-fledged multi-sector macroeconomic framework used by departments across different ministries in charge of macroeconomic analysis and forecasting.
- The CWG will take the lead in implementing activities and identifying targets in the TA action plan and will be supported by the IMF TA team.
- The CWG will develop and customize the macroeconomic projection tool (MPT) for Vietnam.
- The CWG will operate the MPT to produce macroeconomic analysis and forecasting.
- The CWG will develop user guides and manuals for staff.
- The CWG will present the MPT output to policy makers as part of the policy making process.
TA objectives and activities
- Build capacity in macroeconomic analysis and forecasting within MPI.
- Establish and operationalize a Core Working Group (CWG) under MPI coordination.
- Customize and implement the macroeconomic projection tool (MPT) for Vietnam-specific needs.
- Produce regular macroeconomic analysis and forecasts using the MPT.
- Prepare user guides and manuals to institutionalize knowledge and procedures.
- Integrate MPT outputs into the policy making process through presentations to policy makers.
Subjects and keywords
- Subjects:
- Budget planning and preparation
- Development
- Development strategy
- Fiscal policy
- Macro-fiscal framework
- National accounts
- Public debt
- Public financial management (PFM)
- Keywords:
- Asia Pacific department of the IMF
- Budget planning and preparation
- Development strategy
- Global
- IMF mission team
- IMF TA team
- Macro-fiscal analysis
- Macro-fiscal framework
- Macroeconomic and fiscal forecasts.
- MPI staff
- TA beneficiary department
- TA project
- Technical Assistance
- Technical Assistance Reports
- Vietnam