MoIT asked to craft price management scenarios
VGP – Deputy PM Vuong Dinh Hue had tasked the Ministry of Industry and Trade to adjust electricity prices in an appropriate time with a view to keeping inflation rate under 4%.
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Deputy PM Vuong Dinh Hue |
The Deputy PM chaired a meeting with some ministries and agencies on price management scenarios in 2019.
The Ministry of Finance and the General Statistics Office forecast that CPI would be stable or experience a negative growth in November. CPI would be kept under 4%.
The goal of under 4% CPI growth rate would be feasible, said Deputy PM Hue. He assigned the Ministry of Health to work with relevant ministries and agencies to draft a circular guiding the adjustment of basic salaries in medical services in line with Decree 72/2018/ND-CP on statutory pay rate for public officials, public employees and armed forces' personnel.
Ministries and localities were asked to keep a close watch on price fluctuations in the domestic and global markets; properly regulate demand and supply of goods; stabilize prices at the year end; and craft price management scenarios for 2019 in order to keep inflation rate under 4%.
Public service costs and prices of essential materials including electricity, coal, healthcare, and education would be adjusted with regard to inflation control./.
By Kim Loan
