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6:07 PM, 04/09/2008

Continuing drastic measures to obtain the set socio-economic goals

VGP - For the rest of the year, ministries, sectors and localities must continue to drastically carry out the Government's solutions on curtailing inflation, stabilizing macro-economy and ensuring social security, PM Nguyễn Tấn Dũng directed when concluding the Government regular meeting of August on September 4.

PM Nguyễn Tấn Dũng: Striving to realize the set socio-economic targets - Photo: VGP

During the three-day meeting, the Government listened to reports on socio-economic situations in August and the first eight months 2008; on the State budget of 2008 and estimates for 2009; on administrative reforms; on inspection and anti-corruption work in August; and on the performance to deal with consequences of Hurricane Kammuri.

After pointing out some unsolved inadequacies in administrative procedures, capital disbursement, poverty reduction, and birth control, PM Nguyễn Tấn Dũng ordered the ministries, sectors and localities to do their utmost in the remaining four months to fulfill the set socio-economic tasks.

Cabinet members sit in discussions – Photo: VGP

According to the Government chief, it is necessary to drastically rein in inflation, stabilize macro-economy, ensure social security, flexibly tighten money while guaranteeing the year growth goals.

PM Dũng assigned competent ministries and sectors to speed up the export of commodities of advantage, tightly control import excess, manage the market to prevent speculation and illegal price escalation.

The PM also placed importance on the proactive implementation of policies on social security, especially in disadvantageous areas.

Concluding the sitting, the Government chief emphasized that one-digit inflation rate must be gained by the end of 2009 or early 2010. Export promotion, commodity demand-supply balance and market-based price adjustment are also included in the socio-economic development plan 2009, said the PM.

Overview on the first eight month socio-economic scores:

- Industrial value increased 16.1% in August over the same period last year;

- Transplanted area of tenth-month rice crop: nearly 1.4 million ha, up 0.6% against 2007

- Total retail and services turnover: up 30 percent in eight months in comparison with the same period last year;

- Disbursement of FDI capital: US $1 billion (in August) and US $7 billion (eight months), equal to 70% of the year plan;

- CPI in August: 1.56.

By Quang Minh

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