PM approves financial strategy till 2020

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VOV News English - 14 month(s) ago  readings

(VOV) - The Prime Minister has ratified the financial strategy till 2020, which is focused on building a sound national finance to ensure financial security and macro-economy stability.

Accordingly, the financial market and services will be restructured and capitalization of the stock market will account for 50 percent of Gross Domestic Product (GDP) by 2015 and 70 percent of GDP by 2020.

The financial strategy, based on nine concrete strategies of different branches, is divided into two stages that correspond with the financial budgets for 2011-2015 and 2016-2020.

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