Politics

PM calls for efforts to achieve growth target of 6.7 percent

Prime Minister Nguyen Xuan Phuc has requested ministries and sectors to make greater efforts in order to achieve a growth rate of 6.7 percent in 2017, thus contributing to the accomplishment of growth target set for 2016-2020 by the Central Party Committee and the National Assembly.
PM calls for efforts to achieve growth target of 6.7 percent ảnh 1 Prime Minister Nguyen Xuan Phuc (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has requestedministries and sectors to make greater efforts in order to achieve a growthrate of 6.7 percent in 2017, thus contributing to the accomplishment of growthtarget set for 2016-2020 by the Central Party Committee and the NationalAssembly.

While chairing a meeting with leaders of ministries and sectors inHanoi on May 22, PM Phuc said this year’s economic growth is of importance,affecting many other macroeconomic indicators, especially state budgetcollection and spending, public debts, employment and income of workers.

Therefore, the government leader asked his deputies, ministers andheads of sectors to make drastic instructions, update the situation andactively take suitable solutions in a bid to achieve their own goals and thecountry’s growth target as well.

He assigned the Ministry of Planning and Investment to summarisereports and other ministries, particularly the Ministries of Industry andTrade, Agriculture and Rural Development, Construction, and Transport, toupdate the government on the implementation of their own growth targets atmonthly cabinet meetings.

Meanwhile, the Ministry of Planning and Investment, the Ministry ofFinance and the State Bank of Vietnam were ordered to work out specificsolutions to remove difficulties, boost growth and ensure macroeconomicstability, hence laying a foundation for sustainable growth.

At the April meeting and in its report presented at the opening of thethird session of the 14th National Assembly on May 22, theGovernment also mentioned growth targets of major sectors in 2017.

Accordingly, the agriculture sector is expected to obtain a growth rateof 3.05 percent; industry and construction, 7.91 percent; and service, 7.19percent.-VNA






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#Prime Minister Nguyen Xuan Phuc #growth rate #State Bank of Vietnam #report #agriculture #macroeconomic stability #sustainable growth Vietnam
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