Obtaining macro-economic goals for 2016

(VOVworld) – Prime Minister Nguyen Xuan Phuc chaired a meeting with ministries and sectors on socio-economic situation in the first 5 months of this year and measures to enhance growth, stabilize the macro economy, control inflation, and ensure social security.

Obtaining macro-economic goals for 2016  - ảnh 1
Prime Minister Nguyen Xuan Phuc at the cabinet meeting

At the meeting, the Ministry of Planning and Investment reported that in the past five months the consumer price index (CPI) increased 1.88 percent; export revenue was 68 billion USD; and export surplus was 1.36 billion USD. Over the reviewed period, about 10,000 new enterprises have registered to operate with total capital of 100 trillion VND.
Employments and social security have been ensured. The government has provided timely assistance for people affected by natural disasters and support the production.
Prime Minister Phuc asked ministries and sectors to continue equitizing enterprises and the government will not adjust socio-economic targets. “GDP growth must ensure quantity and quality, while guaranteeing the life of people affected by natural disasters like flooding, drought, and environmental disasters in the central region. We’ll mobilize all resources, including idle foreign currency in society, to have capital for production and enhance growth. We have obtained our goals until now.”
Mr. Phuc said in order to further develop the economy, it’s necessary to speed up disbursement of all resources for fundamental construction projects and to enhance co-ordination between monetary and fiscal policies to prevent inflation rises.

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