Prime Minister talks about vote of confidence: Voters expect more from the Government

On the morning of November 4, Prime Minister Pham Minh Chinh chaired the regular Government meeting for October 2023 to continue discussing issues related to the socio-economic situation and implementing the recovery program and disbursement of public investment.

Prime Minister chairs regular Government meeting - Photo: VGP

In his opening speech, Prime Minister Pham Minh Chinh stated that in October, there were many important economic, political, social and foreign affairs events, especially the successful 8th Central Conference, the ongoing 6th Session of the 15th National Assembly, and vibrant foreign affairs activities...

"Through the vote of confidence , the National Assembly and voters expect and expect more from the Government. Therefore, we have made a determination and must be even more determined, have made an effort and must make even more effort, have tried and must try even more" - said the Prime Minister.

Accordingly, the head of the Government requested to focus on solving key and focused tasks, completing them thoroughly and effectively, and improving the material and spiritual life of the people.

Assessing the world situation, the Prime Minister said that it continues to change rapidly, complicatedly, with more difficulties and challenges than opportunities. Among them, the consequences of the COVID-19 pandemic are prolonged; geostrategic and geoeconomic competition is increasing; the conflict in Ukraine is unpredictable; and there is another conflict in the Gaza Strip.

Inflation in many countries, although cooling down, remains high; food and energy prices fluctuate widely. Oil prices in September and October fluctuated between 81-90 USD/barrel, while in the first 8 months of the year they were between 67-83 USD/barrel.

Many major economies maintain tight monetary policies and high interest rates; the operating interest rates in the US and EU are at 5.25-5.5% and 4.5% respectively, currently at their highest levels in the past 22 years; in the recent meeting, the Fed did not raise interest rates but left this issue open.

Global supply chains are partially disrupted; global trade and investment are declining. Some major economies are showing positive signs, but overall the world economy continues to be unstable, with slow and uneven recovery.

Europe's year-on-year GDP growth continues to decline.

Domestically, he assessed our country as a developing country, with an economy in transition, low starting point, modest scale, large openness, limited resilience to external shocks and limited competitiveness.

In the context of the economy being "double impacted" by adverse external factors and limitations that have existed for many years, our country's economy has achieved positive results, with each month being better than the previous month.

That is, the macro economy is stable, inflation is controlled, growth is promoted, major balances are ensured; public debt, government debt, national foreign debt, and state budget deficit are well controlled. Social security and people's lives are guaranteed.

However, there are still some difficulties and problems, such as growth not reaching the target. Production, business and enterprise operations still face many difficulties.

Administrative procedures are still cumbersome, some officials are still afraid of making mistakes, afraid of responsibility, avoiding and pushing away work, overcoming some shortcomings is still difficult, some problems have lingered for a long time...

With nearly 2 months remaining, the Prime Minister requested that efforts be made to best complete the tasks and goals of 2023. Therefore, opinions need to focus on analyzing the current situation, clarifying objective and subjective causes, lessons learned, and identifying breakthrough and key tasks in the coming time.

Tuoitre.vn