Inflation Control and Financial Facilities Strategy
Summary State Budget 2021
Accelerating Economic Recovery and Strengthening Reforms
1. The global and domestic economy in
2021 will still be in uncertainty.
Pandemic handling efforts and the
availability of vaccines will determine
the acceleration of economic recovery
2. The 2021 State Budget deficit of 5.70
percent of GDP is aimed at maintaining
the momentum of economic growth, as
well as avoiding opportunity losses in
encouraging the achievement of
national development targets
3. The 2021 State Budget will continue the
expansionary-consolidative
countercyclical policy by taking into
account flexibility in responding to
economic conditions and encouraging
prudent and sustainable fiscal
management
4. National development priorities will focus
on Health, Education, Information and
Communication Technology, Food
Security, Social Protection, Infrastructure,
and Tourism.
Source: Ministry of Finance
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