{
  "title": "Vietnam: Poverty Reduction Strategy Paper: Annual Progress Report: Joint Staff Advisory Note",
  "publication": "IMF Staff Country Reports, February 27, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/vietnam-poverty-reduction-strategy-paper-annual-progress-report-joint-staff-advisory-note-18946",
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  "summary": "This paper presents a Joint Staff Advisory Note on Vietnam’s Poverty Reduction Strategy. GDP growth accelerated to 7.7 percent despite several exogenous shocks, including the outbreak of avian influenza and a sharp rise in the price of key imported commodities.",
  "publishDate": "2006-02-27",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings",
      "content": "- GDP growth accelerated to 7.7 percent.\n- Acceleration occurred despite several exogenous shocks, including:\n  - the outbreak of avian influenza, and\n  - a sharp rise in the price of key imported commodities.\n- An adverse consequence of these supply shocks has been a sharp rise in inflation, which tested the government’s macroeconomic policymaking ability.\n- Rapid growth of credit is of concern because of a potential accumulation of nonperforming loans of state-owned commercial banks.\n- Potential accumulation of nonperforming loans could ultimately become a fiscal burden and threaten medium-term debt sustainability."
    },
    {
      "heading": "Risks and macroeconomic pressures",
      "content": "- Supply shocks (avian influenza; sharp rise in price of key imported commodities) → sharp rise in inflation.\n- Rapid credit growth → risk of nonperforming loans in state-owned commercial banks → fiscal burden risk and threat to medium-term debt sustainability."
    },
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      "heading": "Document metadata and key statistics",
      "content": "- Publication date: February 27, 2006\n- Pages: 10\n- Volume: 2006\n- Issue: 071\n- Series: Country Report No. 2006/071\n- DOI: https://doi.org/10.5089/9781451840353.002\n- Stock No: 1VNMEA2006005\n- ISBN: 9781451840353\n- ISSN: 1934-7685\n\nInternational Monetary Fund. \"Vietnam: Poverty Reduction Strategy Paper: Annual Progress Report: Joint Staff Advisory Note\" (IMF Staff Country Reports 2006, 071).\n\n---\n\n Content in this bundle\n\n- cr0671\n  - cr0671 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0671 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/vietnam-poverty-reduction-strategy-paper-annual-progress-report-joint-staff-advisory-note-18946"
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    "Published: February 27, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451840353.002",
    "GDP growth accelerated to 7.7 percent.",
    "Acceleration occurred despite several exogenous shocks, including:",
    "An adverse consequence of these supply shocks has been a sharp rise in inflation, which tested the government’s macroeconomic policymaking ability.",
    "Rapid growth of credit is of concern because of a potential accumulation of nonperforming loans of state-owned commercial banks.",
    "Potential accumulation of nonperforming loans could ultimately become a fiscal burden and threaten medium-term debt sustainability.",
    "Supply shocks (avian influenza; sharp rise in price of key imported commodities) → sharp rise in inflation.",
    "Rapid credit growth → risk of nonperforming loans in state-owned commercial banks → fiscal burden risk and threat to medium-term debt sustainability.",
    "Publication date: February 27, 2006",
    "Pages: 10",
    "Volume: 2006",
    "Issue: 071",
    "Series: Country Report No. 2006/071",
    "DOI: https://doi.org/10.5089/9781451840353.002",
    "Stock No: 1VNMEA2006005",
    "ISBN: 9781451840353",
    "ISSN: 1934-7685",
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