Prime Minister Nguyen Xuan Phuc speaks at the meeting (Photo: VNA) The government leader said the financial sector had comprehensively fulfilled itsmissions in the past five-year term, especially last year.
With complicated developments expected in the world situation in 2021, he said Vietnammust continue with reform efforts and take more drastic actions so as torealise its growth target.
The PM suggested the sector continue to innovate its strategicthinking to ensure the smooth flow of the economy’s blood line, creating thefoundation and favourable conditions for the country’s socio-economicdevelopment.
He asked the financial sector to follow the Government’s motto of action inarranging for the synchronous and effective implementation of relevant Governmentresolutions, and to continue to work closely with relevant agencies in conductingfiscal and monetary policies to ensure macroeconomic stability and controlinflation and major balances in the economy.
Also underlined was the importance of ensuring that the budget is spenteconomically and effectively, with the PM adding that the Statebudget deficit should be controlled to 4 percent of GDP or lower.
The restructuring and equitisation of State-owned enterprises (SOEs) and the disbursementof overseas development assistance (ODA) capital need to be sped up, he said.
At the meeting (Photo: VNA)About 185,000 taxpayers were given extensions on payments, while over 6 millionenjoyed tax and fee exemptions and reduction policies, with total value of some130 trillion VND (over 5.6 billion USD), he said.
The sector collected over 1.5 quadrillion VND for the State budget in 2020,equivalent to 98 percent of the estimate.
Meanwhile, over 18 trillion VND was spent on preventing COVID-19 and supportingpeople affected by the crisis, Dung noted./.
VNA
