NA Standing Committee discusses socio-economic development plan

NA Chairman Vuong Dinh Hue (Photo: VNA)

Hanoi (VNA) – Members of the National Assembly (NA) Standing Committee gave their opinions on the drafts of the socio-economic development plan, national financial plan, plan on borrowing and repayment of public debts and mid-term public investment plan for the 2021-2025 period during their sitting on July 13.

NA Standing Vice Chairman Tran Thanh Man assessed that the internal force of the national economy is not strong as its growth remains unsustainable.

He pointed out severe consequences from climate change and natural disasters, adding that the impact of the COVID-19 pandemic on businesses and people has not been fully assessed.

Participants at the meeting (Photo: VNA)

Man said the pressure from repayment of public debts in 2021 is huge, and asked  ministries, sectors and localities to pay attention to and have radical solutions to tighten regular spending and focus on investment.

He stressed that it is necessary to ensure safety of public and government debts, national financial safety and macro-economic stability.

Meanwhile, NA Chairman Vuong Dinh Hue emphasised the urgent necessity to promptly institutionalize the policy and orientation of the Resolution of the 13th National Party Congress.

Vice President of the Vietnam Fatherland Front Central Committee Ngo Sach Thuc suggested that NA deputies should uphold their responsibilities and make efforts to implement action programmes and promises to voters.

The Government needs to strictly direct and control the use of the national COVID-19 vaccine fund in order to prevent corruption and wastefulness, he said./.

VNA