Print article

PM chairs meeting of National Financial and Monetary Policy Advisory Council

VGP – The National Financial and Monetary Policy Advisory Council convened a meeting in Ha Noi on February 25 under the chair of Prime Minister Nguyen Xuan Phuc, who officially serves as head of the Council under a decision promulgated a fortnight ago.

February 25, 2020 12:20 PM GMT+7

Prime Minister Nguyen Xuan Phuc (right) speaks at the event. Photo: VGP

The meeting aims to analyze and assess the domestic and international situation over recent times, especially the impact of the COVID-19 epidemic on Viet Nam’s socio-economic development, while discussing support measures to remove difficulties for business production, as well as a draft directive of the PM on solutions to direct the socio-economic development.

In his opening speech, PM Phuc said that the COVID-19 epidemic has affected the global economy, with growth slump recorded in many countries, including partners of Viet Nam. According to a recent forecast, European economic growth will decline compared to the previous forecast.

Noting Viet Nam’s important initial success in the COVID-19 fight, the Government leader affirmed his ambition to achieve the dual goal of both combating the epidemic and retaining the economic growth momentum as well as ensuring the people’s lives.

He expressed his wish to hear about a “dose of vaccine” proposed by members of the Council to help the country cope with the global economic downturn.

PM Phuc asked the Council to discuss and set out guidelines, policies and important issues in the current financial and monetary field, and advise the PM on direction policies and measures to realise the set goals, especially some issues concerning investment./.

By Vien Nhu