Deploying plans for socio-economic development in 2016-2020 period

Source: Pano feed

PPC Chairman, Mr. Pham Dinh Cu has chaired a conference on deploying plan for the 5-year socio-economic development in 2016-2020 period, establishing medium-term public investment plan in 5 years (2016-2020).


PPC Chairman, Mr. Pham Dinh Cu chairing the conference

PPC Chairman, Mr. Pham Dinh Cu chairing the conference




At the conference, Dr. Nguyen Thi Phu Ha, Deputy Director of the General Bureau of the National Economy directed to implement the Instruction 22/CT-TTg of the Prime Minister on planning the 5-year socio-economic development in 2016-2020 period; Instruction 23/​​CT-TTg on planning medium-term public investment in 5 years, from 2016 to 2020; Mr. Nguyen Chi Hien, Director of Department of Planning and Investment disseminated contents of the PPC Instruction on building plan for the 5-year socio-economic development (2016-2020), planning medium-term public investment in 5 years (2016-2020).


Accordingly, the goal of 5-year socio-economic development plan (2016-2020) aims to maintain macro-economic stability, control inflation, coupled with boosting growth speed and ensuring the sustainable development of economic backgrounds; by 2020 striving to have our country basically become an industrialized country towards modernization. Strengthen environmental protection and actively respond to climate change; maintaining independence, national sovereignty, security and political order and social safety. Strengthening and expanding foreign relations, promoting integration and international cooperation, enhancing Vietnam’s position in region and in international arena.


Establishing public medium-term investment plan in 5 years, period 2016-2020 aims to implement goals and orientations in national 10-year socio-economic development strategy in 2011-2020 period, 5-year socio-economic development plans in period 2016-2020 in branches, sectors, localities and planning for socio-economic development and sectors that have been approved; to be consistent with ability to balance capital investment and attract investment capital of other economic sectors, ensuring macro-economic balance, prioritize debt security …


The overall goal of plan for 5-year socio-economic development in period 2016-2020 of Phu Yen is to maintain macro-economic stability in the area, including security and order stability, implementation of state management under the law, especially in investment laws to attract investment resources in the area. Simultaneously, implementing production development policies, social security in close-knit connection with protecting environmental resources, actively respond to climate change and contribute to maintaining the independence, national sovereignty, promoting strong integration and cooperation in the region both domestically and internationally … The work of planning public medium-term investment in 5 years (2016-2020), agencies and units in the province hold to establish investment capital plan from State budget, funds from revenue sources for investment, governmental bonds, credit capital for investment and development, other loans of the local budget, ODA and concessional loans of foreign donors …


Concluding the conference, PPC Chairman, Mr. Pham Dinh Cu emphasized that: For planning of 5-year socio-economic development in period 2016-2020, assigning DPI in August to direct departments, sectors and localities to establish plan for 5-year socio-economic development in period 2016-2020; coordinating with departments, branches and localities to calculate, build economic growth plans and big balance in period 2016-2020; summarize and establshing draft report for5-year socio-economic development plans in period 2016-2020 to admitt PPC by October 30th , 2014. Assigning the Department of Finance in collaboration with DPI to build large financial balance, state budget report PPC before October 10th 2014; allocating sufficient fund to establishment plan for 5-year socio-economic development in period 2016-2020. Departments, branches and localities use state budget to plan for 5-year socio-economic development of period 2016-2020 of branches, sectors and localities to be suitable for orientation development of the province and report by October 10th, 2014 …


Source: Phu Yen NewspaperTranslated by TRONG HAO




Đăng ký: VietNam News

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