Gov’t chief reports socio-economic performance in 2017
VGP – PM Nguyen Xuan Phuc presented a report on the implementation of socio-economic development plan for 2017 and socio-economic development plan for 2018.
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PM Nguyen Xuan Phuc - Photo: VGP/Nhat Bac |
The report clearly presented socio-economic achievements and highlighted the Government's determination to extricate difficulties; maintain regular dialogues; promote administrative reform; cut costs; strengthen responsibilities of heads; build a constructive, action, and serving Government; promote integration; and fulfill the NA’s set norms.
Outstanding achievements in 2017 included stable macro-economy, and positive economic growth towards 6.7% for 2017.
In the first nine months, foreign reserve reached a record high with an additional purchase of US$ 6 billion; public debts were kept at reasonable level and showed signs of declining.
The Government has taken numerous solutions to tightening management of natural resources; protecting the environment; seriously punishing illegal sand exploitation; overcoming natural disasters; and accelerating the administrative reform.
However, the report also clearly pointed out weaknesses in low growth quality, limited labor productivity, poor competitiveness, scientific and technological market development, disease prevention, and food safety.
The report also gave overall goals on socio-economic performance especially on GDP growth rate, job settlement, poverty reduction, environmental management, and social security./.
By Kim Loan
