Legislature approves socio-economic plan for 2013
11:31 | 08/11/2012

VGP – The National Assembly on Thursday approved a Resolution on 2013 socio-economic development plan, giving priority to macro-economic stability, inflation curbing, acceleration of economic restructuring among others.

Photo: VGP

Under the Resolution, specific targets include the growth rate of 5.5% and export turnover increasing by 10%, trade deficit of around 8%, budget overspending less than 4.8% GDP, consumer price index of around 8%, and total social investment capital equipvalent to 30% GDP. 

The poverty rate is expected to dip 2% at national level and 4% in poorest districts, urban unemployment rate will be kept below 4% and trained labor force is projected to reach 49%.

Viet Nam will also raise the rate of environment-polluting establishments being handled to 84%, some 75% of industrial and processing zones shall have to equip centralized wastewater treatment system.

Forest coverage will be lifted to 40.7%, said the resolution which also figures out solutions to realize the above targets.

The Resolution says that the monetary and fiscal policies shall be closely combined to mobilize resouces for economic deveopment while ensuring inflation curbing and enhancing macro-economic stability.

The Government will focus on improving the quality of analysis and forecast, luring and speeding up disbursement of the foreign direct investment inflow, expanding access to credit loans, and designing measures to support the real estate market.

Education will continued to be renovated comprehensively in a bid to increase the quality of the workfoce.

The Government also plans to review and reduce administrative procedures and issue policies to step up economic restructuring in combination with growth model renovation./.

By Ngoc Van

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