Government asks for drastic efforts to complete yearly targets

Prime Minister Nguyen Xuan Phuc addresses the Government's March meeting (Photo: VNA)

Under a resolution released after the Government meeting for March, the Government asked the Ministry of Finance to strictly implement financial discipline and restructure the State budget to increase domestic collection and development investment, and cut spending.

The ministry should focus on speeding up equitisation and divestment of State-owned enterprises following the set roadmap, while re-evaluating tax policies and expanding the tax base.

The Government also asked for strengthening communications on tax policies and creating consensus among the community. It is necessary for the ministry to implement e-receipts, while working harder to prevent tax losses, especially in unofficial sector, the Government requested.

At the same time, the Ministry of Planning and Investment was asked to update the growth scenario for the second quarter, six months, nine months and the whole 2019, enabling other ministries, sectors and localities to adjust their plans.

The ministry was told to complete a project to complete mechanisms and policies to enhance the quality and efficiency of foreign investment attraction.

Meanwhile, ministries, sectors and localities were urged to speed up the disbursement of capital for major projects, thus contributing to boosting growth.

They were requested to submit a list of public investment projects under their management. Leaders of ministries and agencies were assigned to supervise the projects.

In the resolution, the Government asked the Committee for State Capital Management at Enterprises to complete its organisation to show better performance, facilitating the equitisation and divestment of State capital, handling enterprises suffering losses, and improving the operational efficiency of State-owned economic groups and corporations.

VNA

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