Finance Minister Dinh Tien Dung has spoken highly of the International Monetary Fund (IMF)’s support for Vietnam in assessing the country’s macro-economy.
Finance Minister Dinh Tien Dung (R) and IMF Managing Director Christine Lagarde (Photo: mof.gov.vn)
Hanoi (VNA) – Finance Minister Dinh Tien Dung has spoken highly of the International Monetary Fund (IMF)’🐷s support for Vietnam in assessing the country’s macro-economy.
At a reception for visiting IMF Managing Director Christine Lagarde, the minister also lauded the fund’s consultation and proposals in the fields of finance, banking, trade and State-own enterprises restructuring.
The fund’s technical support, particularly in budget and tax management, policy reform and personnel training, has helped the Vietnamese Government as well as the ministry to manage fiscal and monetary policies flexibly, thus stabilising the macro-economy, he said.
Dung expressed his hope for more technical assistance from the fund in tax, customs, budget and public debt management, and training.
IMF chief Christine Lagarde suggested solutions to strengthen fiscal policy and spur growth.
The country should try to increase its income and improve the efficient use of capital, thus ensuring the sustainability of public debt, she recommended.
The IMF always stands ready to coordinate and provide technical aid for the Vietnamese finance ministry, she said, expressing her belief that the cooperation will help Vietnam fulfill its socio-economic development targets.-VNA
An official from the International Monetary Fund (IMF) has raised the hope of giving technical assistance to and exchanging experience with Vietnam about macroeconomic management in the near future.
State President Truong Tan Sang has requested the International Monetary Fund (IMF) continue its counseling and support to Vietnam in economic reform and high-quality workforce training.
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President Truong Tan Sang in Hanoi on July 27 hosted a reception for IMF Resident Representative for Vietnam and Laos Sanjay Kalra, who is going to finish his tenure of working in Vietnam.
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Finance Minister Dinh Tien Dung (R) and IMF Managing Director Christine Lagarde (Photo: mof.gov.vn)
