Chief Economist of the International Monetary Fund (IMF) Maurice Obstfeld (left) and Nguyen Van Binh, head of the Party Central Committee’s Economic Commission. (Source: VNA)Hanoi (VNA) – Chief Economist of the International Monetary Fund(IMF) Maurice Obstfeld has expressed his support for Vietnam’s reformorientations, especially in the fiscal policy and the restructuring of thebanking system and State-owned enterprises.
Meeting with Politburo member Nguyen Van Binh, head of the Party CentralCommittee’s Economic Commission, in Hanoi on December 9, the visiting IMFofficial affirmed that his organization will always stand side by side with theVietnamese Government in the development process.
At the reception, Binh spoke highly of the practical and effective cooperationbetween Vietnam and the IMF, particularly in technical support and finance-bankingpolicy consultancy, contributing to the country’s macroeconomic stabilisation.
He stressed the Vietnamese Party and Government’s determination to consistentlypursue the goal of stabilising the macro economy, creating drastic changes ineconomic restructuring in combination with transforming the growth modeltowards high productivity, quality, efficiency and competitiveness.
After sharing major orientations in economic restructuring, financial andpublic investment plans for 2016-2020 recently adopted by the NationalAssembly, Binh expressed his wish that the IMF will continue supporting Vietnamin such areas as macroeconomic supervision, policy dialogue and consultancy,training and technical support.
The IMF Chief Economist praised the Vietnamese economy’s positive changes overthe past time, especially in monitoring the monetary policy and foreign exchangerate as well as the restructuring of the banking system, contributing toensuring the macroeconomic stabilisation, curbing inflation and boost sustainablegrowth.-VNA
Meeting with Politburo member Nguyen Van Binh, head of the Party CentralCommittee’s Economic Commission, in Hanoi on December 9, the visiting IMFofficial affirmed that his organization will always stand side by side with theVietnamese Government in the development process.
At the reception, Binh spoke highly of the practical and effective cooperationbetween Vietnam and the IMF, particularly in technical support and finance-bankingpolicy consultancy, contributing to the country’s macroeconomic stabilisation.
He stressed the Vietnamese Party and Government’s determination to consistentlypursue the goal of stabilising the macro economy, creating drastic changes ineconomic restructuring in combination with transforming the growth modeltowards high productivity, quality, efficiency and competitiveness.
After sharing major orientations in economic restructuring, financial andpublic investment plans for 2016-2020 recently adopted by the NationalAssembly, Binh expressed his wish that the IMF will continue supporting Vietnamin such areas as macroeconomic supervision, policy dialogue and consultancy,training and technical support.
The IMF Chief Economist praised the Vietnamese economy’s positive changes overthe past time, especially in monitoring the monetary policy and foreign exchangerate as well as the restructuring of the banking system, contributing toensuring the macroeconomic stabilisation, curbing inflation and boost sustainablegrowth.-VNA
VNA
