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PM orders acceleration of inflation curbing solutions
The Prime Minister on June 25 asked ministries, branches and localities to speed up the implementation of drastic solutions to curb inflation and stabilise the macro economy in the second half of the year.
The PM instructed the State Bank of Vietnam to timely provide capital to credit institutions to increase the banking system’s liquidity and to meet businesses’ capital demand.
By the end of June, the Ministry of Planning and Investment (MPI) must announce the list of public investment projects subjected to capital reduction or suspension, targeting projects funded by the State budget, the Government bonds and State-owned economic groups, corporations and businesses.
The PM also required the MPI to review the investment situation, capital absorption and disbursement and enterprises’ production and business activities and to propose solutions to ensure enterprises’ stable production and maintain the economic growth rate in the remaining months of the year.
The Ministry of Finance is responsible for keeping a close check on the investment situation, building a price control plan for a number of essential goods and measures to help poor families and other social beneficiaries.
VNA
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