Gov’t issues August monthly meeting resolution
VGP – The Government has released August monthly meeting resolution which focuses on ensuring progress of key projects; regulating the macro-economy in a flexible manner; withdrawing lowly disbused public investment capital.
The resolution stressed heavy tasks in the rest of 2019. Accordingly, the Government tasked all levels and sectors to conduct drastic and synchronous measures stipulated in Resolution 01/NQ-CP and Resolution 02/NQ-CP dated January 1, 2019 and the Government’s monthly resolutions.
Ministers, ministerial-level leaders, and local leaders were asked to strive for the preset goals for 2019; perfect regulations; ensure macro-economic stability; promote economic growth; resolve mechanism bottlenecks; generate a favorable business and investment environment; attract resources in favor of a fast and sustainable growth.
Ensuring progresses for key projects
The Government tasked ministries, agencies, and localities to ensure progresses of key projects including (1) electricity projects such as Phong Phu 1, Song Hau 1 and Thai Binh 2; (2) transport projects especially Trung Luong-My Thuan highway, Cat-Linh Ha Dong metro; Long Thanh international airport, (3) hospital projects such as second branches of Viet Nam-Germany hospital and Bach Mai hospitals in Ha Nam province.
Withdrawing capital from slowly disbursed public investment projects
Regarding public investment disbursement plan in 2019, ministers, ministerial-level leaders, and people leaders were asked to call upon investors and project managers to speed up implementation progresses and disbursement rates of the public investment plan in 2019; bear comprehensive responsibilities for slow progresses to the PM; and impose tough punishment on organizations and individuals which deliberately violated; hampered; and caused delays in public investment disbursement.
Slowly disbursed capital of public investment projects in 2019 will be transferred or withdrawn in order to ensure progress and efficiency of public investment capital.
Applying flexible macro-economic policies
Ministries and sectors were assigned to regulate the macro-economic policies in favor of growth; raise the quality of statistics, analysis, and forecast; build and issue a pilot framework for application of new technologies in the sharing economy modal; speed up equitization and State capital withdrawal; rashly craft a report on socio-economic development plan in 2020.
The State Bank of Viet Nam was asked to keep a close watch on the domestic and international markets; regulate the monetary policy in an active and flexible manner and exchange rates at an appropriate fashion.
Preventing evasive behaviors of trade remedies
The Ministry of Industry and Trade was assigned to accelerate trade promotion; expand market; spur official export of goods which Viet Nam has advantages; work with the Ministry of Finance and the National Steering Committee against Smuggling, Trade Frauds, and Counterfeiting Goods (National Steering Committee 389), and border localities to supervise the market and take measures in response to evasive behaviors of trade remedies, and origin of goods./.
By Kim Loan
