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Saturday, December 3, 2022

Steering committee established to boost economic recovery effort

The Saigon Times

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HCMC – The Government has established a steering committee for the deployment of the country’s economic recovery and development program, led by Deputy Prime Minister Le Minh Khai.

The committee will help the prime minister resolve key issues related to the program and the deployment of an aid package worth nearly VND350 trillion with fiscal and monetary policies for the country’s economic recovery and development, the local media reported.

It will also study and propose solutions to deal with important and inter-sector issues, ensuring the smooth cooperation among ministries, ministerial agencies, other agencies under the Government and localities.

The committee consists of Minister of Planning and Investment Nguyen Chi Dung, Deputy Minister of Finance Vo Thanh Hung and Deputy Governor of the State Bank of Vietnam Pham Thanh Ha, who are deputy heads of the steering committee, and leaders of many ministries and agencies.

The committee has to report to the prime minister every month, quarter, six months and year or as required by the prime minister.

The National Assembly passed a resolution on the aid package for the country’s economic recovery and development at its extraordinary meeting in January. At its third sitting last month, many National Assembly deputies voiced their concern over the slow disbursement of the aid package.

In response, Deputy Prime Minister Le Minh Khai said the job was new and was not included in long-term and regular plans, so it must be done carefully.

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