Macro economic stabilization remains 2012 focus

Prime Minister Nguyen Tan Dung has signed a decision on seven major groups of solutions to implement the national socio-economic development plan and state budget estimates for this year. The first is to curb inflation and stabilize the macro-economy based on strict, careful and flexible monetary and fiscal policies, increasing market and price controls, boosting exports, controlling imports and avoiding import surpluses. The second is to restructure the economy, reform the growth model toward improving efficiency and competitiveness, focus investment on agricultural and rural development, and ensure electricity supply for production and daily consumption. The third is to improve the quality of human resources, and accelerate scientific and technological application. Other groups of solutions touch upon a series of issues including social security, sustainable poverty reduction, the quality of healthcare services, the people’s cultural and spiritual life, natural disaster prevention and control, environmental protection and climate change response, comprehending the legal system, administrative reform, practicing thrift and combating waste, preventing corruption, strengthening national defense and social order and enhancing the efficiency of external affairs.