Vietnam hopes for continued support from the International Monetary Fund (IMF), Party General Secretary Nguyen Phu Trong said during a reception for the fund’s Managing Director Christine Lagarde in Ho Chi Minh City on March 18.
Party General Secretary Nguyen Phu Trong and IMF Managing Director Christine Lagarde
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Affirming Vietnam’s efforts to become a modern industrialised nation, General Secretary Trong briefed the IMF director about Vietnam’s key missions in the next period, which include raising growth quality, labour productivity and economic competitiveness capacity, as well as restructuring the economy along with renewing growth model.
IMF Managing Director Christine Lagarde spoke highly of Vietnam’s socio-economic achievements, particularly in maintaining macro-economic stability, curbing the inflation rate, improving education quality and fostering sustainable growth.
She believes that Vietnam will speed up its programme of comprehensive reforms in the banking system, state-owned enterprises and the business climate; implement efficient fiscal policies; while encouraging greater women’s involvement in the socio-economic development process.
The IMF will provide necessary technical support and consultancy for Vietnam in consolidating its fiscal policy, ensuring public debt safety, enhancing the management of the macro-economy and the finance-banking system to support sustainable growth, she affirmed.
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