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PM asks for realization of set targets

VGP - PM Nguyễn Tấn Dũng on March 6 asked ministries, sectors and localities to continue implementing policies in a timely and flexible manner to realize the set targets of curbing inflation, maintaining the macro-economic stability, keeping an economic growth at a reasonable rate and ensuring social security.

March 06, 2012 7:25 PM GMT+7

The Government's regular meeting to discuss socio-economic performance in February - Photo: VGP

The PM made the request at the Government’s regular meeting, which took place on March 5-6.

He instructed the continued implementation of interest rate-decreasing roadmaps to ensure sound credit growths.

Relevant ministries, sectors and localities should join hands to effectively carry out the restructuring of banks while speeding up the reformation of state-owned enterprises, especially through equitization, the PM said.

They should also well control state budget collection as well as spending, slash public investment, practice thrift and combat wastefulness, he underscored.

Relevant ministries, sectors and localities are called on to boost exports, minimize imports, especially luxury, unnecessary goods or products that can be made domestically, thus contributing to keeping trade deficit in 2012 at some 10%, the same rate in 2011.

They should also actively accelerate poverty reduction, assist disadvantaged households, step up administrative reform, drastically fight corruption, waste, social evils and crimes, promptly handle legitimate demands of employees and timely provide information to the press.

At the meeting, the Government’s members discussed the socioeconomic situation in the first two months of the year, the implementation of some important Party resolutions and two schemes on 2012 – 2020 social security and salary reform.

The consumer price index in February rose 1.37% against January  and 2.38% over December 2011. Total export turnovers in the first two months of 2012 were roughly US $15.3 billion, up 24.8% year on year.

Meanwhile, import turnovers were over US $15.9 billion, up 11.8%, leaving trade deficit to stand at US $628 million, or 4.1% of total export turnovers.

By Ngọc Vân