Prime Minister: To drastically combat corruption and negativity in securities and real estate

The fastest growing sectors from 2020 to now

Concluding the Government’s regular meeting in March 2022, Prime Minister Pham Minh Chinh stated that the situation and developments in March and the first quarter had a great impact on the implementation of the tasks, solutions and objectives set out in the plan. out. The situation in Ukraine affects the global economy, society, politics, defense and security, impacts energy and financial markets and the supply and demand of goods. Competition for big countries continues to be fierce. Input material prices in the world, logistics costs and inflation in many countries increased.

The Prime Minister presides over the regular Government meeting in March 2022

However, GDP in the first quarter increased by 5.03%, higher than the growth rate in 2021 (4.72%) and 2020 (3.66%), gradually approaching 2019 (6.85%). The socio-economic situation has improved in almost all fields, of which many fields have achieved the fastest growth since 2020, approaching the pre-pandemic growth rate. Inflation was controlled in the context of many pressures, the average consumer price index in the first quarter increased by 1.92%; large balances, food and energy security are guaranteed.

The processing and manufacturing industry increased by 6.37%, continuing to be the growth engine of the whole economy. State budget revenue is 460.6 trillion dong, reaching 32.6% of the estimate, up 7.7% over the same period; state budget expenditure 351.3 trillion, reaching 23.4% of the estimate…

Major balances were ensured (revenue, expenditure, and exceeded the estimate by 33%; import and export surplus of 809 million USD; large balance of electricity was ensured; food and basic foodstuffs were stable and exported. growth was quite good; the labor market recovered very quickly and has basically recovered).

In the context of great domestic and foreign inflation pressure, the macroeconomy is stable; fiscal and monetary policies are coordinated harmoniously, rationally and effectively; foreign currency reserves increase; interest rates decrease. but credit grows; fees and charges decrease but budget revenue increases,” said the Prime Minister.

Building an independent and self-reliant economy is very important

According to the Prime Minister, through the operation and management in the first quarter, we have learned valuable experiences. Accordingly, it is very important to build an independent and self-reliant economy, ensuring that the economy is not heavily dependent and dominated by outsiders.

“At the same time, not isolated, self-sufficient and self-sufficient, but actively integrating deeply and effectively, relying on internal resources (people, nature, historical-cultural traditions) is the basic and strategic strategy. strategic, long-term, decisive, combined with external forces (capital, technology, management, etc.) are important and breakthrough”, the Prime Minister said.

The Prime Minister emphasized that building an independent and self-reliant economy is very important

It is forecasted that the situation will continue to have advantages, opportunities, difficulties, challenges are intertwined but difficulties, challenges are more than opportunities and advantages, basically agree with the tasks and solutions mentioned above. At the meeting, the Prime Minister emphasized focusing on maintaining macroeconomic stability by all measures. Closely follow the situation and developments of domestic and foreign markets to ensure large balances, not to be passive or surprised.

“The State Bank, the Ministry of Finance, the Ministry of Industry and Trade, the Ministry of Agriculture and Rural Development, the Ministry of Planning and Investment, the Committee for the Management of State Capital at Enterprises, and relevant agencies must coordinate closely and synchronously to realize this goal”, the Government head directed.

To drastically prevent corruption and negativity in securities and real estate

Regarding specific tasks, the Prime Minister stated that ministers, sectoral heads, and heads of ministerial-level agencies should focus on accelerating public investment disbursement and ODA disbursement. This has not improved significantly in the first quarter of the past year. Continue to review and remove difficulties and obstacles related to institutions, mechanisms and policies on public investment. Public investment must definitely not be fragmented, divided, spread, stretched, wasted time, increased administrative procedures, and reduced investment efficiency. The Prime Minister also asked the news agencies and press to participate more actively and strongly on this content.

Along with that, drastically direct the implementation of programs for rapid recovery and sustainable development in accordance with the Resolutions of the National Assembly and the Government. Focus on developing master plans in accordance with the Law on Planning, and at the same time urgently review and synthesize problems and bottlenecks to report fully and comprehensively to the National Assembly and propose amendments and supplements.

Ministries and sectors, according to their functions, tasks and powers, must prepare scenarios to deal with the effects and impacts of conflicts in Ukraine, and report them to competent authorities when necessary.

The Prime Minister requested all levels and sectors to be more drastic in the fight against corruption and negativity, especially in the field of bond issuance, securities and real estate.

Welcoming the Ministry of Public Security for taking proactive and strong action recently, the Prime Minister requested all levels and sectors to be more drastic in the fight against corruption and negativity, especially in the field of bond issuance. , securities, real estate; at the same time, strengthen supervision, inspection, inspection, prevention and detection of violations and obstacles on institutions, mechanisms and policies for amendment and supplementation.

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