Aggregate Fiscal Impact of COVID-19

Aggregate Fiscal Impact of COVID-19

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...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
ECONOMIC SHOCK
FISCAL TRENDS
REVENUES
PUBLIC EXPENDITURE
PUBLIC DEBT
ECONOMIC OUTLOOK
PUBLIC INVESTMENT
Online Access:http://documents.worldbank.org/curated/undefined/398321636737256503/Vietnam-Fiscal-Update-Aggregate-Fiscal-Impact-of-COVID-19
http://hdl.handle.net/10986/36607
id okr-10986-36607
recordtype oai_dc
spelling okr-10986-366072021-11-19T05:10:41Z Aggregate Fiscal Impact of COVID-19 World Bank CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC SHOCK FISCAL TRENDS REVENUES PUBLIC EXPENDITURE PUBLIC DEBT ECONOMIC OUTLOOK PUBLIC INVESTMENT 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 What tax measures did the authorities implement to mitigate the shock and how successful were they What are the implications for any future tax policy and tax administration reforms (ii) How did the COVID-19 shock affect expenditures What fiscal measures did the authorities implement to mitigate the shocks, and how successful were they (iii) How did the shock affect fiscal balances and public debt (iv) What are the growth and fiscal prospects in the medium term 2021-11-18T21:13:09Z 2021-11-18T21:13:09Z 2021-11-01 Report http://documents.worldbank.org/curated/undefined/398321636737256503/Vietnam-Fiscal-Update-Aggregate-Fiscal-Impact-of-COVID-19 http://hdl.handle.net/10986/36607 English Vietnam Fiscal Update; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Public Expenditure Review East Asia and Pacific Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CORONAVIRUS
COVID-19
PANDEMIC IMPACT
ECONOMIC SHOCK
FISCAL TRENDS
REVENUES
PUBLIC EXPENDITURE
PUBLIC DEBT
ECONOMIC OUTLOOK
PUBLIC INVESTMENT
spellingShingle CORONAVIRUS
COVID-19
PANDEMIC IMPACT
ECONOMIC SHOCK
FISCAL TRENDS
REVENUES
PUBLIC EXPENDITURE
PUBLIC DEBT
ECONOMIC OUTLOOK
PUBLIC INVESTMENT
World Bank
Aggregate Fiscal Impact of COVID-19
geographic_facet East Asia and Pacific
Vietnam
relation Vietnam Fiscal Update;
description 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 What tax measures did the authorities implement to mitigate the shock and how successful were they What are the implications for any future tax policy and tax administration reforms (ii) How did the COVID-19 shock affect expenditures What fiscal measures did the authorities implement to mitigate the shocks, and how successful were they (iii) How did the shock affect fiscal balances and public debt (iv) What are the growth and fiscal prospects in the medium term
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Aggregate Fiscal Impact of COVID-19
title_short Aggregate Fiscal Impact of COVID-19
title_full Aggregate Fiscal Impact of COVID-19
title_fullStr Aggregate Fiscal Impact of COVID-19
title_full_unstemmed Aggregate Fiscal Impact of COVID-19
title_sort aggregate fiscal impact of covid-19
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/398321636737256503/Vietnam-Fiscal-Update-Aggregate-Fiscal-Impact-of-COVID-19
http://hdl.handle.net/10986/36607
_version_ 1764485600678772736

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