PM requests continuous implementation bet88 flexible, effective monentary policy

Prime Minister Pham Minh Chinh has requested the State Bank bet88 Vietnam (SBV) and relevant ministries and agencies to continue the implementation bet88 a more proactive, flexible, timely, effective monetary policy which has proved effective over the past time.

Chairing a meeting on the monetary policy with leaders bet88 the SBV and relevant ministries and agencies on August 5, PM Chinh noted that the implementation bet88 the monetary policy and the operation bet88 the banking system would still face many challenges due to inflation pressure, increasing interest rates, credit growth failing to meet requirements, an increasing demand for capital during the year-end period, and unpredictable and complicated geopolitical risks and tensions globally.

The Government leader urged them to follow the situation in the coming time; and coordinate synchronously, harmoniously and closely with the expanded fiscal policy and other macro policies to promote economic growth, ensure macroeconomic stability, control inflation, and ensure major balances bet88 the economy.

He asked them to promote digital transformation; reduce lending interest rate; effectively implement policies to extend, exempt and reduce taxes, fees and charges; boost public investment; and increase credit for traditional growth drivers and new growth drivers; handle bad debts; and tighten management over the gold and forex markets.