The government plans to borrow nearly VND970 trillion in 2026.

QNgTV- It is forecasted that by the end of 2026, public debt will be at about 36-37% of GDP, government debt will be at about 34-35% of GDP, and the country's foreign debt will be at about 32-33% of GDP.

It is expected that debt indicators by the end of 2025 will be within the ceiling and warning thresholds decided by the National Assembly .

The total borrowing demand of the Government in 2026 is expected to be at VND969,796 billion, an increase of about 19% compared to the Government's borrowing plan in 2025. This is the figure stated in the report on public debt situation in 2025, expected in 2026 sent by the Government to the National Assembly.

The report stated that, based on the estimated implementation of borrowing and repayment of public and foreign debt of the country in 2025, it is expected that the debt indicators by the end of 2025 will be within the ceiling and warning threshold decided by the National Assembly. According to the Government's assessment, public debt management continues to be implemented proactively, closely and effectively, meeting the need to mobilize capital for development investment, while ensuring that the debt indicators by the end of 2025 are within the ceiling and warning threshold approved by the National Assembly, ensuring national financial security, increasing the ability to proactively respond to risks arising from external and internal causes of the economy .

In 2026, the Government expects total borrowing demand to be VND969,796 billion, an increase of about 19% compared to the Government's borrowing plan in 2025. Of which, central budget borrowing to cover deficit and repay principal is VND959,705 billion, an increase of 19% compared to the 2025 estimate, the rest is foreign borrowing for re-lending. Mobilized sources flexibly combine government bond issuance tools, ODA loans, foreign preferential loans and, if necessary, mobilize from other legal financial sources.

The Government's debt repayment obligation is expected to be about VND 534,740 billion, of which direct debt repayment is about VND 493,405 billion (equivalent to about 20-21% of state budget revenue), of which principal repayment is about VND 376,005 billion, interest repayment is about VND 117,400 billion.

Source: https://quangngaitv.vn/chinh-phu-du-kien-vay-gan-970-ngan-ty-dong-trong-nam-2026-6508884.html