HCM City, Cuba exchange experience on financial management

10:25 | 21/09/2015 Finance - Banking

Vice Chairman of the Ho Chi Minh City People’s Committee Tat Thanh Cang received a delegation from Cuba’s Ministry of Finance and Prices on September 14.

HCM City, Cuba exchange experience on financial management

Road construction in Cuba (Source: VNA)

Cang briefed the guest of the city’s financial management structure, which is in compliance with the country’s general system and with the Law on State Budget and the Law on Public Investment.

Representative of the municipal Department of Finance introduced some points on financial management model while sharing experience on building financial self-reliance mechanism, ways of attracting foreign direct investment, cooperation and investment programmes, calling for investments and establishing finance companies.

Cuban Minister of Finance and Prices Olina Pedraza Rodriguez said HCM City’s experience on financial management would be useful for Cuba.

Host and guest discussed issues on financial mechanism and policies and ways of drawing investment in infrastructure, specially traffic infrastructure./.

Source: VNA

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