Chairman of Party’s economic commission hosts IFM official

09:02 | 30/03/2018 Events

Politburo member and Chairman of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh received a delegation from the International Monetary Fund (IMF) led by division chief in IMF’s Asia-Pacific department Alex Mourmouras in Hanoi on March 29.

Photo: VNA

Politburo member Binh spoke highly of the effective partnership between Vietnam and IMF in recent years, particularly policy consultancy the IMF has provided Vietnam. He also appreciated the IMF for helping Vietnam stabilize the macro economy, boost economic growth, develop the local financial market and integrate deeply into the regional and global economy.

He moved on to affirm Vietnam’s determination to maintain macro-economic stability, accelerate economic restructuring and foster economic connectivity via bilateral and multilateral free trade agreements. He said he wants the IFM will continue cooperating with Vietnam and provide better support for Vietnam in training and policy consultancy.

Mourmouras, for his part, said he was delight at the positive signs of Vietnam’s economy recently. He gave Politburo member Binh a brief overview of what the IMF recommended for the country’s macro-economy in 2017 and the economic outlook in 2018. Positive growth signals for Vietnam’s economy this year, he said.

The two sides later exchanged views on several challenges faced by Vietnam to maintain its economic growth rate and quality and lessen negative influences of the global market’s fluctuation.

The guest showed his agreement with the country’s reform priorities, particularly fiscal policy and continued restructuring of the banking and business systems.

He vowed to continue closely working and supporting Vietnam’s development in the time ahead.