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Official Gazette

Wednesday, July 8, 2020

Nation determines to mobilize all resources for economic development

Updated: 08:26’ - 07/04/2020
By 2025, the percentage of labor working in the agro-forestry-fishery sector will drop below 30 percent of the total workforce nationwide.

By 2025, the percentage of labor working in the agro-forestry-fishery sector will drop below 30 percent of the total workforce nationwide__Photo: VNA
 
Such target is set forth under Government Resolution 30/NQ-CP dated March 16, promulgating the Government’s program of action to implement the Politburo’s Resolution 39-NQ/TW of 2019, on raising effectiveness of the management, utilization and bringing into play of all resources of the economy.

As for human resources, it is targeted to balance the domestic labor supply and demand, establish a system of job assignment based on working positions, and consolidate the pool of officials and civil servants who are appointed based on their real professional qualifications.

Regarding material resources, in the next five years, a synchronous and modern system of physical foundations and socio-economic infrastructure facilities will be formed for completion of urgent and key construction works aimed to create a driving force for socio-economic development. Meanwhile, infrastructure facilities connecting the regions nationwide and urban infrastructure facilities will be upgraded.

As for financial resources, the prime targets are to maintain the national financial security, ensure the positive budget balance, and gradually reduce the state budget deficit to below 4 percent by 2020 and 3 percent by d 2030.

By 2030, public debts, government debts and foreign debts will not exceed 60 percent, 50 percent and 45 percent of GDP, respectively.

To implement the above-said tasks, the Government assigns ministries, sectors and provincial-level People’s Committees to work out policies to attract high-quality overseas human resources to work for Vietnamese enterprises and agencies.

Other tasks include improving mechanisms and policies to lure investment from non-public sectors to develop socio-economic infrastructure facilities and reviewing the implementation progress of investment projects to terminate investment in inefficient ones and give priority to urgent and key projects.

The Government also requests the Ministry of Finance to continue resolutely implementing plans and solutions on restructuring of the state budget and public debt management to ensure a secured and sustainable national financial development.- (VLLF)

Tags: 30/NQ-CP
 

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