Gov’t identifies three focal tasks to fuel economic development

The Government has identified three focal tasks for economic development in 2022, noting that it will capitalise on every opportunity to promote socio-economic recovery and development nationwide, maintain long-term growth momentum, and make use of new and sustainable drivers.

Workers produce footwear for export to the EU at a factory of the Ha Tay Chemical Weave Co. Ltd in Hanoi's Dan Phuong district (Photo: VNA)

Hanoi (VNA) – The Governmenthas identified three focal tasks for economic development in 2022, noting thatit will capitalise on every opportunity to promote socio-economic recovery anddevelopment nationwide, maintain long-term growth momentum, and make use of newand sustainable drivers.

At a teleconference betweenthe Government and localities on January 5, Deputy Prime Minister Le Minh Khai,on behalf of the Cabinet, presented its draft resolution on the key tasks andsolutions for implementing the socio-economic development and State budgetplans in 2022.

Among the three main tasks,the first is to revive and promote production and business activities, step upexport, accelerate public investment disbursement, and encourage public -private partnership for developing infrastructure, especially strategicinfrastructure facilities.

The second is to persistentlymaintain macro-economic stability, control inflation, and improve the economy’sself-reliance, resilience, and adaptability.

The third is to boostsubstantive and effective economic restructuring; develop e-commerce, thedigital economy, and new business models applying information and digitaltechnology; and deal with outstanding problems that have lasted for years, accordingto Khai.

He noted that to do so, theGovernment has devised several measures, including drastically and concurrentlyimplementing the overall programme on COVID-19 prevention and control and the oneon socio-economic recovery and development in order to achieve a GDP growthrate of 6 - 6.5 percent.

It will also proactively,flexibly, and uniformly use monetary, fiscal, and other macro-economic policiesto sustain macro-economic stability, control inflation, and guarantee major balancesof the economy. Besides, it will stimulate domestic consumption, sustainablydevelop export and import, effectively mobilise resources for socio-economicrecovery and development, and make use of public investment to attractnon-State resources./.
VNA

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