Prime Minister: Research to expand the credit room reasonably

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The Prime Minister said that he is directing the banking and finance industry to study the reasonable expansion of credit room to both ensure the safety of the system, stabilize the macro, and promote growth.

On the afternoon of November 17, at the Phong Dien district party committee, Prime Minister Pham Minh Chinh and the delegation of Can Tho city had a meeting with voters after the fourth session of the 15th National Assembly.

At the meeting, the Prime Minister stated that it is necessary to create a legal corridor, manage the State more closely and in a more timely manner, strengthen supervision, inspection and prevention of violations so that the stock markets, bonds and real estate operate safely, healthily, openly, transparently, sustainably and effectively.

At the same time, encouraging markets to develop in accordance with market rules and laws; protect the legitimate rights and interests of investors and the people in any case as prescribed by law. “Handle those who do wrong to protect those who do right”.

The Prime Minister also talked about solutions for businesses to access capital such as promoting public investment, promoting public-private cooperation, and activities of state-owned enterprises (currently holding nearly VND4 million billion). Operating monetary policy flexibly, proactively and effectively, combined with fiscal policy and other policies in a strict, reasonable, safe and effective manner.

The Prime Minister said that he is directing the banking and financial sectors to take measures to remove difficulties and bottlenecks, correct inappropriate regulations, and cut administrative procedures; promote disbursement of public investment capital, national target programs, recovery programs. Exemption and reduction of fees and charges for businesses. Studying the reasonable expansion of credit room to ensure the safety of the system, stabilize the macro-economy, and promote growth.

“Policies must be coordinated smoothly and closely, one supporting the other,” the Prime Minister said. The world situation changes unpredictably, the economy has a high openness and limited resilience, so policies must be cautious, flexible, effective, not rigid, not jerky.

With the To solve the problem of capital for businesses, administer the policy to put money in or out of the market appropriately, how to make the right currency, hit the growth engine: consumption, export, etc. invest.

Policies must be appropriate to the actual situation, remove difficulties for businesses, ensure inflation control and promote growth, and ensure reasonable exchange rates and interest rates for businesses to access capital.

The Prime Minister also said that the Prime Minister’s Working Group has just been established to review, urge and guide the removal of difficulties and obstacles in the implementation of real estate projects for localities and businesses. . The working group is led by Minister of Construction Nguyen Thanh Nghi.

According to VietnamBiz.vn

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