VietNamNet Bridge – PM Nguyen Tan Dung has tasked inferior levels to be consistent with the socio-economic development targets for 2013, at the Government’s regular meeting on Friday.

 

The Government's regular meeting, Ha Noi, April 26, 2013. (Photo: VGP)

 

He added that the Government has not taken into account changes to these preset targets.

Inferior levels were also urged to keep track of inflation, pursuit a flexible and effective monetary policy, and resolutely maintain the stability of exchange rate.

Budget overspending should be kept at the rate of 4.8% GDP approved by the National Assembly, PM Dung ordered.

The Government chief called for quick disbursement of State investment capital to increase total demand of the economy to stimulate growth.

More favorable conditions need to be adopted to further attract foreign investment in high-tech and high value-added projects.

Besides, inferior levels were also asked to drastically step up restructuring of State-owned enterprises, banking system and public investment and seriously supervise and inspect the progress.

PM Dung called for more measures to support fast and sustainable poverty reduction in poor areas.

Regarding this field, Viet Nam Bank for Social Policies (VBSP) said it has helped more than 2.9 million households escape from poverty during 2003-2012.

To assist ethnic and mountainous areas, a national conference to review policies for the regions was held in Ha Noi recently with the presence of PM Nguyen Tan Dung.

Over the past years, the Party and State have formulated a system of increasingly improved policies to boost socio-economic development, reduce poverty rate and raise living conditions for residents in those areas.

Despite economic downturn, the Government allocated VND 54,770 billion to finance development programs between 2006 and 2012. The second phase of the 135 Program, for example, focused on addressing most urgent issues of ethic and mountainous areas.

Other effective policies include the program on fast and sustainable poverty reduction in 62 poorest districts, preferential credit for cultivation development and financial assistance for resettlement.

Mountainous areas account for nearly three-fourths of the country’s land, having the population of over 12.3 million, or 14.27% of the national population.

Source: VGP