HA NOI — Prime Minister Nguyen Tan Dung has called for greater implementation of measures to stabilise prices in the final months of the year.
Directive No1875/CT-TTg, released on Monday, called on ministries, agencies and municipal and provincial authorities to implement strategies to stabilise the market and boost production, in accordance with Decree No18/NQ-CP, dated April 2010. The move is designed to ensure the country's growth rate reaches 6.5 per cent, while the consumer price index does not rise above 8 per cent.
According to the leader, the economy, which typically suffers during the final months of the year, will also have to weather capital shortages, rises in the price of essential goods, power shortages and potential animal epidemics.
The directive regulates that ministries of Industry and Trade, Agriculture and Rural Development, Health, and Construction should complete and release production-development plans, as well as strategies for distributing essential goods such as petrol and gas, fertiliser, building steel, cement, foodstuffs and medicines in the fourth quarter.
The Ministry of Industry and Trade should review production capacity and supply to ensure there are sufficient quantities of goods for production and consumption from now to the first quarter of 2011.
Finance Ministry agencies are required to enhance supervision of commodity prices – particularly medicines, milk products, building materials and gas, while stabilising the price of electricity and coal sold to the cement industry and fertilisers and paper producers.
The State Bank of Viet Nam should promulgate policies that allow commercial banks to quickly withdraw money from circulation to reduce price hikes. Meanwhile, food suppliers should ensure there is enough food, particularly in cities, industrial zones, populous areas and those vulnerable to natural disasters, the directive said. — VNS
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