VN wants more IMF macro-economic policy consultations

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Prime Minister Nguyễn Xuân Phúc receives IMF Resident Representative in Việt Nam Jonathan Dunn in Hà Nội yesterday. — Photo VGP.

Prime Minister Nguyễn Xuân Phúc has expressed his hope to receive more macro-economy policy consultations from the International Monetary Fund (IMF) in the time ahead.

He told IMF Resident Representative in Việt Nam Jonathan Dunn in Hà Nội yesterday that he appreciated the fund’s effective and pragmatic support for macro-economic stabilisation and socio-economic development in Việt Nam, particularly in financial and banking reform, public debt management and State-owned enterprise restructuring.

Since early this year, Việt Nam had suffered from severe natural disasters that had seriously affected the country’s agriculture, the PM said, also noting difficulties caused by global economic uncertainties.

However, he said the country had consistently pursued its goal of stabilising the macro-economy and forex rate, and ensuring sustainable growth.

The Vietnamese Government pledged to improve its investment and business climate to create the best possible conditions for investors in the country, he said, stressing that Việt Nam would pair economic development with environmental protection.

For his part, Jonathan Dunn hailed the Vietnamese Government’s efforts in keeping the macro-economy and forex rates stable and restructuring State-owned enterprises, especially its support for small- to medium-sized enterprises and the private economic sector.

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The IMF would closely partner with competent Vietnamese agencies to give advice on macro-economic policy, helping guide local economic development on the right track, he promised.