PM urges fiscal prudence
in 2014
HA NOI (VNS) - Prime Minister Nguyen Tan Dung
yesterday pressed for all possible measures to be adopted to ensure effective
use of next year's State budget.
His remarks were
made at a teleconference in Ha Noi to review the performance of the 2013
State finance-budget and to set tasks for 2014.
Touching on budget
collection and expenditures, PM Dung called for stronger cooperation between
the Ministry of Finance and other ministries, agencies, and localities to
achieve budget targets for 2014, such as ensuring economic growth of 5.8 per
cent next year.
Inflation must
settle at 6.5-7 per cent and foreign exchange rates must be stable, while
social welfare and national defence and security is ensured, he stated.
According to a
report presented at the conference, Deputy Finance Minister Nguyen Cong
Nghiep said that in the final months of 2013, the collection of the State
budget was projected at some 99 per cent of the total estimate.
Earlier this year,
the National Assembly approved the government's request to extend the State
budget deficit to 5.3 per cent of the GDP from the current 4.8 per cent.
He also requested
the finance sector to prioritise spending on salary reforms and social
welfare. The costs of working trips at home and abroad should be reduced, he
added.
The government
leader called for macro-economic stability on the back of fiscal and monetary
policies, the removal of barriers to business and production, and an impulse
for growth recovery.
In terms of price
management, PM Dung urged the ministry to manage prices more effectively,
especially those of essential goods, in the run-up to the traditional Lunar
New Year.
The ministry must
direct the restructuring and equitisation of State-owned enterprises that
must divest themselves of non-core areas.
Governor of the
State Bank of Viet Nam Nguyen Van Binh said the financial and banking sectors
must exert stronger efforts to control the State budget's over-spending at
5.3 per cent and curb inflation at below 7 per cent next year. - VNS
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Thứ Hai, 30 tháng 12, 2013
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