PM assigns tasks to overcome difficculties, ensure macro-economic stability

Prime Minister Pham Minh Chinh has assigned urgent tasks to particular ministries and agencies to deal with current economic difficulties in the new situation during a Government law-building session on September 22, according VNA.

PM assigns tasks to overcome difficculties, ensure macro-economic stability -0
Prime Minister Pham Minh Chinh speaks at the session.
Photo: Nhat Bac.

The PM noted that the world economy is facing numerous difficulties due to a growth slowdown and soaring inflation. The central banks of the US, the EU, the UK, and Japan have also moved to hike interest rates and appreciate their currencies, which has substantially affected other countries, including Vietnam

In the context, he asked ministries, sectors and localities to show strong performance in implementing Decree 15/CT-TTg on maintaining macro-economic stability, reining in inflation, promoting development and ensuring major economic balances.

He underlined the need to manage the monetary policy in a cautious and steady manner, ensuring its activeness, flexibility and efficiency, along with an open, reasonable and efficient fiscal policy.

The PM requested the Ministry of Planning and Investment to keep a close watch on the situation to make timely policy responses, while working to speed up the public investment capital disbursement for three national target programmes and the economic recovery and development programme, and promote investment.

The ministry was directed to ensure the security and safety of currency, credit, finance, public debt, food, energy and information, while reviewing and completing institutions, mechanisms and legal policies to remove obstacles facing production and business activities.

Meanwhile, the Ministry of Agriculture and Rural Development was asked to ensure absolute food security, speeding up agricultural restructuring and promote exports of farm produce.

The Ministry of Industry and Trade was urged to develop the domestic market and expand international markets, ensuring energy security and striving for trade surplus.

The Ministry of Labour, Invalids and Social Affairs was assigned to make sure that the labour market develops in a sustainable, safe and effective manner, while showing stronger performance in social welfare activities.

The PM also asked media agencies to help promote solidarity and unity in the political system and call for the community’s support for the Party and State’s policies and the Government’s management, contributing to the common efforts to overcome difficulties.

Politics-Diplomacy

Global Vietnam - La Francophonie forum 2024 takes place in Paris
Politics-Diplomacy

Global Vietnam - La Francophonie forum 2024 takes place in Paris

More than 100 experts, scientists and partners in various fields from 10 countries gathered at the Global Vietnam - La Francophonie 2024 (OGVF 2024) in Paris from October 5-6 to explore the prospects of the Francophonie in today's world, especially the important role of Vietnam in the development of this dynamic partnership after 54 years of being an active member of the International Organisation of La Francophonie (OIF).

Top leader To Lam begins state visit to Ireland
Politics-Diplomacy

Top leader To Lam begins state visit to Ireland

General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam and a high-ranking delegation of Vietnam landed at Dublin Airport at 8:30 pm on October 1 (local time), beginning a state visit to Ireland at the invitation of Irish President Michael D. Higgins.

Vietnam's top leader meets with Mongolian PM
Politics-Diplomacy

Vietnam's top leader meets with Mongolian PM

Party General Secretary and State President To Lam had a meeting with Chairman of the ruling Mongolian People's Party (MPP) and Prime Minister Luvsannamsrain Oyun-Erdene in the capital city of Ulaanbaatar on September 30, as part of his ongoing state visit to the East Asian country.