SGGP
The Government Office has just issued Notice No. 332/TB-VPCP on the conclusion of the Government Standing Committee at the meeting on major tasks and solutions to stabilize the macro-economy, control inflation, promote growth and ensure major balances of the economy in the last months of 2023.
Regarding tasks and solutions in the coming time, the Government Standing Committee noted that, regarding monetary policy, the State Bank of Vietnam urgently has timely and effective solutions to promote credit growth, continues to direct commercial banks to reduce costs, promote digital transformation... strives to continue to lower lending interest rates, creating favorable conditions for people and businesses.
Regarding fiscal policy, the Ministry of Finance assesses the implementation of policies on tax, fee, charge exemption, and extension in the past; on that basis, proactively research, promptly propose, and report to competent authorities on policies on exemption, reduction, and extension that need to be applied in the coming time.
There are feasible solutions to thoroughly and effectively handle the issue of corporate bonds; further speed up the refund of value added tax to enterprises according to the provisions of law.
Prime Minister Pham Minh Chinh has just signed an official dispatch requesting ministries, branches and localities to speed up the disbursement of public investment capital in the last months of 2023.
The dispatch stated that the disbursement rate of the public investment capital plan in the first 7 months of the year is estimated at 37.85% of the plan assigned by the Prime Minister, higher than the same period in 2022 (34.47%).
In the remaining months of 2023, all levels and sectors need to resolutely direct and remove difficulties and obstacles for projects to further promote the disbursement of public investment capital, striving to disburse public investment capital from the state budget in the 2023 plan to reach over 95% of the plan assigned by the Prime Minister.
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