Adjusting the economic growth rate target (GRDP) in 2025

Việt NamViệt Nam21/02/2025


At the 7th Special Session of the 19th People's Council, term 2021-2026, Director of the Department of Planning and Investment Trinh The Truyen explained and clarified the content of adjusting the economic growth rate target (GRDP) in 2025.

Adjusting the economic growth rate target (GRDP) in 2025

Director of the Department of Planning and Investment Trinh The Truyen explained and clarified the content of adjusting the economic growth rate target (GRDP) in 2025.

Accordingly, in the process of synthesizing and evaluating the implementation results in 2024, the period of 2021-2024, forecasting the impact situation in 2025; determining economic growth targets in 2025, the Department of Planning and Investment reported to the Provincial People's Committee to submit to the Provincial People's Council in Resolution No. 23/NQ-HDND dated December 11, 2024; with the growth target in 2025 reaching 7.5% or more.

However, implementing Resolution No. 25/NQ-CP dated February 5, 2025 of the Government on growth targets for sectors, fields and localities to ensure the national growth target in 2025 reaches 8% or more, in which the growth target for Phu Tho province is assigned to reach 8% or more (0.5% higher than the resolution of the Provincial People's Council); the Provincial People's Committee has submitted to the Provincial People's Council to adjust a number of groups of indicators related to economic growth (GRDP growth rate, gross domestic product per capita; economic structure and total social investment capital).

After explaining the calculation basis, implementation conditions, and feasibility of the adjustment plan, the Director of the Department of Planning and Investment made 5 proposals and recommendations to achieve the above goal.

Specifically, focus on directing, reviewing and removing difficulties and obstacles for ongoing projects; real estate and infrastructure investment projects, to have land and complete procedures to be able to deploy, complete and put into production as soon as possible.

The Department of Finance and the Provincial Tax Department are requested to coordinate with the People's Committees of districts, cities and towns to review revenue sources; focus on collecting land use fees; calculate and balance to increase capital sources for investment; ensure disbursement of public investment capital. The State Bank - Phu Tho Provincial Branch directs commercial banks (branches, credit funds) to focus on reviewing and creating conditions for projects and individuals in need of loans, according to the policy of stimulating demand, investment and consumption in 2025, ensuring double-digit credit growth (16%).

Departments, investors, and project owners proactively coordinate with contractors and investors to review and speed up progress; concentrate construction equipment and means; remove difficulties in terms of site, land, and construction materials, ensure the highest progress, complete specific goals; clearly define the work and responsibilities of relevant parties.

The People's Committees of districts, cities and towns; the Department of Agriculture and Environment need to focus on directing and ensuring seasonal plans; focus on implementing and removing difficulties in land; have specific measures and solutions in removing difficulties, handing over land to investors and enterprises; especially real estate investment projects, land auctions to ensure revenue from land use fees, land recovery projects in 2025.

Phuong Thuy



Source: https://baophutho.vn/dieu-chinh-muc-tieu-toc-do-tang-truong-kinh-te-grdp-nam-2025-228263.htm

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