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Vietnam Fiscal Update : Aggregate Fiscal Impact of COVID-19 (Вьетнамский)

This note analyzes the short-term effects of the COVID-19 (coronavirus) shock during the first year of the crisis and presents alternative medium-term recovery scenarios. It asks a set of questions, and in answering those questions, provides policy suggestions for the Vietnamese authorities' consideration. These questions are: (i) How were tax revenues affected by the shock, and how, in turn, did they affect the fiscal space available to the authorities?...
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