The State Treasury has made important contributions to helping the country overcome the economic crisis last year, said State President Nguyen Minh Triet while lauding the agency’s performance over the past years.

Triet delivered his remarks on March 28 during his working visit to the Treasury on the occasion of its 20 th anniversary.

The State Treasury has not only managed well the state budget but also implemented well its function of mobilising capital for development investment through issuing the government bonds, Triet said.

However, the state leader urged the State Treasury to overcome its weaknesses and timely propose proper options and policies for sustainable development of the country’s economy.

The State Treasury is working with taxation and customs authorities in a scheme to reform methods of tax payment, said State Treasury Director General Nguyen Thi Nhon, adding that organisations and individuals will step by step pay taxes through the country’s banking system in stead of directly at the agency’s offices as present.

The State Treasury has so far mobilised a total capital of 350 trillion VND from the sale of government bonds, helping balancing the state budget./.