Under a resolution released after the Government meeting forMarch, the Government asked the Ministry of Finance to strictly implementfinancial discipline and restructure the State budget to increase domesticcollection and development investment, and cut spending.
The ministry should focus on speeding up equitisation and divestmentof State-owned enterprises following the set roadmap, while re-evaluating taxpolicies and expanding the tax base.
The Government also asked for strengthening communicationson tax policies and creating consensus among the community. It is necessary forthe ministry to implement e-receipts, while working harder to prevent tax losses,especially in unofficial sector, the Government requested.
At the same time, the Ministry of Planning and Investmentwas asked to update the growth scenario for the second quarter, six months,nine months and the whole 2019, enabling other ministries, sectors andlocalities to adjust their plans.
The ministry was told to complete a project to completemechanisms and policies to enhance the quality and efficiency of foreigninvestment attraction.
Meanwhile, ministries, sectors and localities were urged tospeed up the disbursement of capital for major projects, thus contributing toboosting growth.
They were requested to submit a list of public investmentprojects under their management. Leaders of ministries and agencies wereassigned to supervise the projects.
In the resolution, the Government asked the Committee forState Capital Management at Enterprises to complete its organisation to showbetter performance, facilitating the equitisation and divestment of Statecapital, handling enterprises suffering losses, and improving the operationalefficiency of State-owned economic groups and corporations.-VNA