Vietnam wants more support from IMF: Party official

Vietnam hoped that the International Monetary Fund (IMF) will continue cooperating closely with the country and provide it with more assistance, training and policy consultancy, a senior Party official has said.
Vietnam wants more support from IMF: Party official ảnh 1Nguyen Van Binh (R), Politburo member and Chairman of the Communist Party of Vietnam Central Committee’s Economic Commission, and Alex Mourmouras, division chief in the IMF’s Asia and Pacific Department (Photo: VNA)

Hanoi (VNA) - Vietnam hoped that theInternational Monetary Fund (IMF) will continue cooperating closely with thecountry and provide it with more assistance, training and policy consultancy, asenior Party official has said.

Nguyen Van Binh, Politburo member and Chairman of theCommunist Party of Vietnam Central Committee’s Economic Commission, made thestatement during a reception in Hanoi on April 18 for an IMF delegation led byAlex Mourmouras, who is division chief in the IMF’s Asia and Pacific Departmentwhere he has served as mission chief for Vietnam, Singapore and Malaysia. 

While acknowledging the outcomes of earlier working sessionsbetween the IMF delegation and relevant ministries and agencies of Vietnam,Binh spoke highly of the effective and practical cooperation between Vietnamand the IMF in the recent past, especially in banking-finance policyconsultancy.

The Party official said Vietnam will continue to prioritisestabilising macro-economy, curbing inflation, enhancing the economy’sproductivity, quality, effectiveness, self-reliance and competitiveness,improving the investment-business environment, boosting economic growth andrestructuring the economy in combination with renovating its growth model.

Mourmouras briefed his host on the results of workingsessions between the IMF delegation and relevant ministries and agencies ofVietnam.

He expressed his delight at Vietnam’s economic achievements in2018 and the first months of 2019, saying the country has reaped steady growthin almost all spheres while its position has been strengthened on theinternational arena despite uncertainties, risks and trade disputes in theworld.

The IMF official commended the Vietnamese Party and State’spolicy on stabilising macro-economy and renewing growth model, especially thenation’s priorities and socio-economic targets for the coming time.

The IMF will continue to cooperate with and assist Vietnam inthe development process, he promised.-VNA
VNA

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