(VOVworld) – Prime Minister Nguyen Tan Dung hosted the government’s monthly meeting for November on Monday. Cabinet members said the socio-economic situation in November and the past 11 months have seen positive progress in all sectors.
The government's monthly meeting for November, 2014 convenes
(photo: VGP/ Nhat Bac)
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The macro-economy has been stabilized while all sectors have recovered. The GDP growth has been higher than in the same periods during the past two years, and this year’s GDP is expected to surpass the set target of 5.8%. Inflation has been controlled; the CPI in November reduced 0.27% compared with last month.
Prime Minister Nguyen Tan Dung asked ministries and sectors to pursue the targets of macro-economic stability and concentrate resources to resolve obstacles in production. Ministries and sectors have to flexibly apply monetary, financial, trade, and investment policies and effectively mobilize all social resources to raise demand in the economy.
The Prime Minister required the State Bank to handle bad debts while restructuring credit organizations to assist businesses to access loans. Mr. Dung stressed the need to continue to implement strategic breakthroughs, reform the economy and growth model, and boost the equitization of state-owned enterprises. He called on Ministries, sectors, and localities to effectively implement administrative reform solutions which are directly related to businesses and ordinary people.
He asked the functional agencies to guarantee the fruitful implementation of social security policies and employment, sustainable poverty reduction, and new rural development programs.