(VOVworld)- On Saturday, deputies to the second session of the 14^th National Assembly discussed ways to further promote economic development.

Deputies of Ho Chi Minh City discuss ways to boost economic development

They praised the government’s efforts to overcome numerous difficulties over the past months and its directions for the future. Minister of Finance Dinh Tien Dung, a deputy of Ninh Binh province suggests ways for the government to realize the set socio-economic targets: “It’s necessary to focus on the disbursement of construction capital which should be considered a breakthrough solution. In addition, we need to strengthen the expansion of export market, prevent fake and low quality goods, smuggling, and trade frauds. We also need to tighten financial disciplines”.

Nguyen Duc Kien is a deputy of Soc Trang province: “I think the government needs to speed up the SOE equitization. We need to have specific lists of investment using stocks from the SOE equitization to protect state assets and balance the budget. We also need to effectively respond to the restructuring plans put forth at the 4^th session of the 11^th Party Central Committee and the 12^th National Party Congress”.

Also on Saturday, the deputies discussed the 2016-2020 economic restructuring plan. Tran Hoang Ngan is a deputy of Ho Chi Minh City: “In addition to restructuring public investment, credit agencies and state economic groups, we also restructure state budget to improve the efficiency of capital utilization and tax collection. This plan also aims at improving the self-reliance of the national economy with focus on promoting the private sector. The plan also focuses on resource allocation with priorities given to potential areas”.

The deputies also discussed a 5-year financial plants, public debt management, mid-term public investment, state budget implementation, estimates, and allocation.