MPI leader highlights principles for economic recovery solutions

The building of economic recovery solutions will depend on the development of COVID-19, the progress of vaccination and the capacity of supplying COVID-19 treatment medicine, said Minister of Planning and Investment Nguyen Chi Dung while appearing before the National Assembly for a question-and-answer session on November 12.

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Minister Dung said that the measures will be built in an open direction, leaving room for making flexible adjustments to suit the reality’s demands of needy groups in each specific point of time.

Besides, the measures should support the fast recovery in a short term, while being integrated into five-year and long-term strategies and plans, he added.

As for solutions and scenarios to respond to COVID-19, manage risks and ensure macro-economic stability and major balances in the time to come, the minister said that his ministry is building two scenarios, one with and another without recovery program.

Dung stressed that the most important thing is to keep a close watch on developments in prices and bad debts, and ensure the supply sources of materials, fuels and necessary goods, among others./.

VNA