External debt of private businesses increased

by VTV422 November 2018 Last updated at 15:43 PM

VTV.vn - External debt is the debt owed by the government and private sector to overseas lenders.

While the external debt of the government has dropped, the private sectors' has increased. Although non-state enterprises have to pay these debts by themselves, this problem still affects national financial indicators. It is believed that stricter and more efficient measures are needed.

It's also believed private firms should take responsibility seriously when borrowing money to ensure the prestige of the country.

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