Government keeps focus on inflation control

Jul 2, 2011. The country’s focal task in the second half of 2011 is to continue synchronously implementing measures to curb inflation, stabilise the macro economy and ensure social welfare.

Prime Minister Nguyen Tan Dung made the affirmation at the government’s regular online meeting with localities on July 1 to discuss the country’s socio-economic situation in the first half of the year, the implementation of the Government’s Resolution 11 and programmes planned for the six months to come.

The government leader asked ministries, branches and localities to focus their efforts on keeping inflation rate at 15-17 per cent, credit growth under 20 per cent and trade deficit under 16 per cent.

The nation must also strive to reduce budget overspending to under 5 per cent of GDP and attain a GDP growth rate of around 6 per cent this year, helping ensure social welfares and create a premise for development in the coming time, he stressed.

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