Economic news

Viewing angle: 550 trillion dong lies in the “bad debt fire”

Before the “fire”, many opinions are still controversial fire from where, using water sources stamping, with how much …

In 2011, the “fire of bad debt” officially flared. So far, six years have passed, a draft resolution of a size that is expected to assist in extinguishing essentially and completely new fires, and many opposing views.

The Standing Committee of the National Assembly has stressed the urgent need to stamp out the “fires of bad debts”, with the orientation of issuing the above resolution and effective as of 1/7/2017 rather than delay time delay. Use as usual resolutions.

At the current National Assembly session, last week, the draft was dissected with many comments. Prior to the forum at the forum, the State Bank also held an extended workshop, with mixed opinions.

To date, the ratio of bad debt and latent debt to bad debt has been repeatedly confirmed by the Government and the National Assembly at 10.08%. This level shows a large congestion for the economy, which is not as pleasant as 2.5% reported by credit institutions.

After 2012 fierce set out, once again demanding the handling of bad debts become hot spots. And at this point, there are still mixed opinions on legal disputes, policy support and targeting.

Specifically, on the draft resolution, there are opinions on support to deal with all bad debts or separation of the 2016 and earlier, the validity of the resolution only about 5 years or until the framework Legal substitution, the object to be applied, the mechanism of seizure and disposal of security assets …

With different opinions, it is unclear at this moment whether the draft resolution on how bad debt will be finalized and whether it will be approved or not.

Meanwhile, with 10.08% of the above, the total amount of non-profit assets in the economy of more than 550,000 billion (in terms of total credit balance the whole system) is still there.

And after six years, at these forums, the debate over the cause of bad debt has not stopped, the story of responsibility or the fear of responsibility has not stopped.

Finding the cause and responsibility for causing bad debt is automatic. But this is independent of the request for fast processing, actually bad debt.

The fire has been burning for a long time, but now, after 6 years, the mechanism and opinion still keep discussing fire from where, who caused, using water to treat, should use large hose or bucket pots. Sorting the place that needs to be stamped or stamped, it is useful to classify the property in the house how much to consider in advance, if the property is out of fire, If any, directly or indirectly, touches the common water source, who is responsible and authorized?

These are the analyzes, arguments and considerations to do or not to ignore. But it is independent of the requirement for immediate, substantial and thorough extinguishment. And in the comments that focus on the recent draft, the point is, there is a big “gas tank” in the fire that is the issue of the system is less mentioned.

More than 550,000 billion dollars of property risked in the fire, apparently associated only with borrowers, creditors, in connection with the responsibility of a single part of the economy. But, the consequences of the fires of the whole economy are suffering the same damage.

Over the years and until now, those who do not burn have to spend their daily expenses on large amounts of unprofitable assets, with interest rates on borrowed loans.

A great resource is still there, with a lot of debate about the mechanism, but there is not a big solution to accelerate the recreations and return to serve the economy.

(According to vneconomy.vn)

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