Overview of the meeting (Source: Finance Ministry)
 
Quang Nam (VNA) – Minister of Finance Dinh Tien Dung had a meeting with Mitsuhiro Furusawa, Deputy Manager of the International Monetary Fund (IMF) on October 20 on the sidelines of the ongoing APEC Finance Ministers’ Meeting (FMM) 2017 that is underway in Hoi An city, the central province of Quang Nam.

Dung highly valued Mitsuhiro Furusawa’s attendance at the FMM 2017 and related activities, lauding IMF’s report at the discussion on regional macro-economy, which provided an overview on global and regional economic and financial situation.

He praised the IMF’s role in making regular review on Vietnam’s macro-economy and reform process, especially in giving comments on the country’s fiscal policy and the stabilization of the financial system.

He thanked the IMF for supporting Vietnam’s economic growth through credit programmes and technical support, especially in tax policy and tax administrative management.

The institution’s assistance in expertise in budget, treasury and tax has greatly contributed to the macro-economic stability of Vietnam, helping the country renovate its important public financial policies and institutions, he said.

The minister also spoke highly of the IMF’s Technical Assistance Office (TAOLAM)’s help in strengthening the Finance Ministry’s capacity in macro-economic governance, currency, financial statistics and public financial management.

In the future, Vietnam hopes to continue receiving the IMF’s support in fiscal stability, budget management, public debt settlement and State-owned enterprise reform, personnel training, said Dung.

He also expressed wish that the lender would design a mechanism to strengthen technical dialogue with the Finance Ministry to match their demand and capacity.

For his part, Mitsuhiro Furusawa showed special interest in Vietnam’s hosting of APEC 2017, lauding the Finance Ministry’s efforts in chairing activities of the APEC FMM 2017.

Highly valuing the cooperation between the ministry and the lender over the past years, he affirmed that the institution will continue fostering collaboration in professional issues of shared concern and sharing its experience in prioritised matters that Vietnam has proposed during the FMM.-VNA