Cabinet drafts resolution on socio-economic development tasks for 2019

Prime Minister Nguyen Xuan Phuc chaired a cabinet meeting on Tuesday on the drafting of a resolution on major tasks and solutions to implement the socio-economic development and State budget estimate for 2019.

The PM underlined that the resolution should clarify tasks and specific projects in line with resolutions of the Party Central Committee and the National Assembly in order to maintain the economic growth. Mr. Phuc said targets stated in the resolution should convey the Government's determination to make breakthroughs and encourage innovation.

The PM added that after the resolution is completed, it is necessary to continue gathering ideas from ministries, sectors, and the community in order to seek timely solutions to problems. He said it is necessary to consider economic growth a focus of the Government, while ensuring the growth remains of high quality.

Over fiscal policies and public investment, he highlighted the need to continue restructuring the budget to ensure effective investment and expenditure.

The Ministry of Finance should closely control wastefulness, he said, while thoroughly dealing with problems in build-operate-transfer (BOT) and build-transfer (BT) projects, and pay more attention to tax reform.

The Government leader also underscored the need to control inflation, promote e-payment and the building of a national database, as well as motivate the development of technology firms.

Source: VOV5