The National Assembly Standing Committee said that the Government should have solutions to stabilize the market, especially essential commodities such as coal, petroleum and construction materials.
On May 19, the National Assembly Standing Committee announced the conclusion on the results of the implementation of the socio-economic development plan and the state budget in 2021 and the first months of 2022.
According to the assessment of the National Assembly Standing Committee, in 2022, the world economic and political situation will be complicated, gasoline prices and inflation may increase, major economies will shrink, and economic growth will increase. world economy slows down. Meanwhile, credit, bad debt, stock market, corporate bonds, real estate have many risks; production and business faced difficulties, input costs increased.
In order to achieve the set growth target of 8-8.5%, the National Assembly Standing Committee proposed many solutions for the Government, including strengthening the management and supervision of the stock market, the stock market and the domestic market. corporate bonds, real estate market. The government needs to stabilize the market and increase investor confidence; adopt policies to ensure supply-demand balance, stabilize commodity prices, especially electricity, coal, petroleum, agricultural materials and construction materials.
Gas station staff on Pham Van Dong Street, Thu Duc City adjusted gas prices at 3pm on March 11. Image: Dinh Van
The Government needs to come up with solutions to maintain the supply chain, avoid production disruptions, export and open tourism, develop the domestic market, pay attention to energy security, and ensure electricity for production. and consumption. In particular, the Government needs to study and restructure the economy, balance and harmonize between economic and social issues, between fiscal and monetary policies, and renew the growth model; restructuring agricultural production in association with improving labor productivity and added value; using clean energy, applying science and technology.
Besides, the National Assembly Standing Committee proposed to closely follow the developments of the Russia-Ukraine conflict, China’s Zero Covid policy, policy moves of the central banks of major economies; controlling inflation, maintaining reasonable lending interest rates, supporting enterprises to access capital; bad debt management, sustainable solutions to direct cash flow back to production and business.
For social and people’s livelihood issues, the National Assembly Standing Committee proposed to focus on policies to support people, employees, and social security; reopening schools appropriately, ensuring the quality of teaching and learning; settle complaints and denunciations, strengthen the fight against corruption, negativity and crime; ensure security and national defense.
The National Assembly Standing Committee proposed the Government to proactively control and respond to risks, ensure the balance of the state budget, overspending and public debt; continue to review the reduction and saving of funding sources; focus on forecasting, ensuring the timeliness in the implementation of policies to support people and employees.
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