PM requests achieving growth of over 5 percent this year
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has
requested striving for an economic growth of over 5 percent and controlling
inflation below 4 percent this year.
Concluding the April Government meeting in Hanoi on May 5, PM Phuc said the Government would not accept a growth rate of 2.7 percent as forecast by the International Monetary Fund (IMF).
The Government leader asked ministries, agencies and localities
to offer support to firms, continue improving business environment, especially
stepping up major projects, including 37 trillion VND (1.6 billion USD) worth
of public investment by the Transport Ministry, thus creating a driving force
for the economy.
He said the Government has agreed to issue a thematic Resolution on tackling
difficulties faced by businesses, accelerate public investment disbursement,
and restoring socio-economic development.
PM Phuc highlighted the need to continue working for the double goals, while
easing social distancing measures to stimulate production and trade, especially
in urban and tourist areas, adding that it is now a “golden” time to develop
services economy.
He instructed promoting the attraction of foreign and private investment,
boosting exports and public capital disbursement, and stimulating domestic
consumption.
The Ministry of Planning and Investment (MoPI) was assigned to work with the
Finance Ministry, the Ministry of Industry and Trade, and agencies concerned to
promptly update growth scenarios and adjust targets related to State budget
collection, overspending and public debt.
The MoPI must submit reports to Prime Minister before May 10 so that the PM
could report to the Politburo and the legislature at the upcoming session of
the legislature this month.
The Government basically agreed with the Ministry of Education and Training’s
report on plans for high school graduation and university entrance exams this
year.
Chairpersons of the people’s committees of cities and provinces must be
responsible for the safety of exams in their localities./.