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In addition, the reduction in interest rates, firstly short-term lending rates, will support businesses and borrowers, reducing a part of financial costs. However, experts also noted that this time, only short-term lending interest rates, in local currency, for priority areas will be reduced, so the scope of influence is not much. Later, when the general interest rate level is reduced, it will have a positive impact on all borrowers. Enterprises can raise new capital (borrowing, issue bonds) with lower interest rates, contributing to increasing debt repayment capacity, reducing bad debt risks, reducing input costs, and facilitating price reductions. corresponding output, thereby stimulating consumption. club 777 casino, In short, this official visit to Laos by Prime Minister Pham Minh Chinh is very important and will certainly create a strong impetus to strengthen relations and cooperation between Vietnam and Laos.
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