Government orders greater efforts to stablise macro-economy
Updated : Tuesday, March 12, 2019 12:46 PM (GMT+0700)

The Government hashighlighted the need to strengthen macro-economic foundation and controlinflation in a resolution recent released at its regular monthly meeting. 

 
Illustrative image - Source: VNA

The resolution asked ministries, sectors and localities tokeep a close watch on domestic and global economic development, operatemacro-economic policies and control inflation in a concerted way, and increasethere silience of the national economy from global impact. 

The Government requested the State Bank of Vietnam to employa flexible monetary policy in close connection with fiscal policy and maintainreasonable liquidity, reinforce State foreign exchange reserves and developmore credit products. 

The Ministry of Finance was asked to strictly manage fiscalpolicy, promote State budget collection and improve efficiency of stock marketoperations and financial services, and help enterprises access capital. 

The Ministry of Planning and Investment and the Ministry ofFinance will coordinate in investigating and promote sectors and localities toaccelerate the disbursement of public investment capital. 

Meanwhile, the Ministry of Industry and Trade will beresponsible for giving directions for implementing the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP), andaccelerating the implementation of large-scale industry projects. 

The Government also asked for measures to be taken to preventAfrican swine fever outbreaks, ensure traffic safety and strictly handleacts of falsifying the nature of festivals.

Source: VNA

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