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Prime Minister chairs government meeting on socio-economic situation

Prime Minister Pham Minh Chinh stressed the need to ensure the stability of the macro-economy, markets of different kinds, politics and people’s material and spiritual life, while chairing a regular government meeting on August 3.
Prime Minister chairs government meeting on socio-economic situation ảnh 1Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham MinhChinh stressed the need to ensure the stability of the macro-economy, marketsof different kinds, politics and people’s material and spiritual life, while chairing a regular government meeting on August 3.

At the hybrid event, he also urged keeping a closer watch on the situation,intensifying preventive and grassroots health care and vaccination, and enhancingdisciplines; adding that greater efforts are needed to step up production andbusiness, and public investment disbursement.

Unnecessary spendings must be cut and theadministration done concertedly and smoothly, the leader emphasised.

Chinh pointed out uncertainties in the first sevenmonths of this year, including unprecedented ones, such as the conflict inUkraine, soaring oil and gas prices, inflation in many countries, and epidemics.

Meanwhile, the domestic economy has shown limitedresilience to external shocks, he noted.

Apart from achievements, problems still remain suchas inflation pressure and risk, price fluctuations and low public investment disbursement,he said, adding that some socio-economic recovery and development targets haveyet to meet expectations.

The participants are scheduled to look into thecountry’s socio-economic development in July and the first seven months of this year, theimplementation of the Government’s resolution on socio-economicrecovery and development, COVID-19 prevention and control, the disbursement ofpublic investments, and the implementation of the three national target programmes thatcover socio-economic development in ethnic-inhabited and mountainous areas,sustainable poverty reduction, and new-style rural area building./.
VNA

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