NA sets target of 6.5% GDP growth in 2024

With 90.49% of approval votes, the National Assembly (NA) on November 9 adopted a resolution on the socio-economic development plan for 2024, which sets a target of 6.0 - 6.5% growth in gross domestic product (GDP) for the year.
NA sets target of 6.5% GDP growth in 2024 ảnh 1The NA adopts a resolution on the socio-economic development plan for 2024 on November 9. (Photo: VNA)
Hanoi (VNA) – With 90.49% of approval votes, theNational Assembly (NA) on November 9 adopted a resolution on the socio-economicdevelopment plan for 2024, which sets a target of 6.0 - 6.5% growth in gross domesticproduct (GDP) for the year.

Under the resolution, next year, the per capita income isexpected to reach 4,700 - 4,730 USD next year, while the manufacturing-processingsector’s contribution to GDP is hoped to hit 24.1 - 24.2%. At the same time,the country will strive for 4.8 - 5.3% in productivity growth rate.

Chairman of the NA Economic Committee Vu Hong Thanh saidthat during the building and making adjustments to the draft resolution, some deputiesheld that amid the current situation, the goal of 6.0 - 6.5% in GDP growth isrelatively high, and recommended lowering the goal to 5 - 6%.

NA sets target of 6.5% GDP growth in 2024 ảnh 2Next year's GDP growth is targeted at 6.0 - 6.5%. (Photo: VNA)
However, he said that the GDP growth target was set on thefoundation of analysis and forecast of the domestic and international situation taking into account advantages and difficulties in 2024, and following the tasks andtargets set in the five-year socio-economic development plan.

The setting of high goals also shows the Government’sdetermination, while ensuring flexibility and harmony among targets, theofficial said./.
VNA

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