PM asks for stronger price stabilisation efforts

Prime Minister Pham Minh Chinh on July 31 sent a dispatch to ministers, heads of ministry-level agencies and chairmen of the People’s Committees of centrally-run provinces and cities, asking for strengthened efforts in the management of prices of essential goods and services.
PM asks for stronger price stabilisation efforts ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh onJuly 31 sent a dispatch to ministers, heads of ministry-level agencies andchairmen of the People’s Committees of centrally-run provinces and cities,asking for strengthened efforts in the management of prices of essential goodsand services.

They were also requested to continue implementing directions ofthe head of the Price Management Steering Committee, keeping a closewatch on market developments, and giving timely measures to ensure domesticsupply-demand balance, stabilise prices and avoid the shortage of goodsand speculation that will lead to unreasonable price increases.

The Minister of Transport was asked to collaborate withleaders of localities to consider the adjustments of prices of goods andservices that are directly affected by petrol prices such as transport andlogistics.
The PM asked for the control of the price application of businessesto give suitable management and stabilisation solutions, along the strengtheningof inspection over the implementation of law on prices and related regulations,and the strict settlement of violations.

Regarding the prices of food and foodstuff, the Minister ofAgriculture and Rural Development was directed to coordinate with the Ministerof Industry and Trade to evaluate the production and regulation of goods fordomestic consumption among regions and localities as well as the demand forexport to stabilise the market prices.

The PM asked for the re-assessment of pork distribution system, aiming to makeit more simple and effective, thus ensuring reasonable prices.

Over the prices of construction materials, the Minister ofNatural Resources and Environment, the Minister of Construction, and leaders oflocalities were requested to efficiently manage the supply andsettlement of goods speculation. The Ministry of Construction was directed to updatethe prices of construction materials regularly and announce the prices in ashorter period.

Leaders of localities were asked to detect the abuse of peaktourism occasions and petrol price fluctuation to unreasonably increase traveland accommodation service prices.

The PM also gave directions on the management overthe prices of textbooks, and the flexible use of petrol price stabilisation fundto make reasonable management over domestic petrol prices.

The Ministry of Finance was assigned to work with relevantministries and agencies to give market price forecast and update the detailprice management scenarios for the rest of the year, thus supporting theGovernment and the PM in seeking measures to realise the goal of keeping the inflation rate at 4% for this year./.
VNA

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