Gov't discusses socio-economic performance

Illustration photo

The Cabinet members agreed that the economy is gradually recovering and progress has been achieved in stabilizing macro-economy and controlling inflation in the reviewed period.

Other positive signals include falling interest rates, reviving credit growth and industrial production, and low trade deficit.

Regarding orientations in the time ahead, PM Nguyen Tan Dung urged inferior levels to be keen on preset targets.

Accordingly, the top priorities include the improvement of the solidity of macro-economy and inflation control through comprehensive measures, additional efforts in dealing with non-performing loans.

PM Dung affirmed the Government will definitively let the market determine the prices of electricity and petroleum but a cautious roadmap is needed to prevent negative impacts on macro-economic stabilization and inflation control.

He stressed the necessity to effectively implement measures to boost production and trade promotion.

The Government chief also tasked inferior levels to focus on accelerating domestic economic restructuring process and conclusion of free trade agreements.

*  During this monthly meeting, the Government debated on the general report on realization of the Master plan on economic restructuring./.

By Hai Minh