Prime Minister: Control banks that only mobilize deposits without lending or lending little

ngân hàng - Ảnh 1. — Prime Minister Pham Minh Chinh - Photo: VGP

Continue to prioritize promoting growth in conjunction with maintaining macroeconomic stability, controlling inflation, and ensuring major balances of the economy. Implement proactive, flexible, timely, and effective monetary policy, closely coordinating with a reasonable, focused, and key expansionary fiscal policy.

Direct cash flow into production and business

Regarding monetary policy, the Prime Minister requested timely, flexible and effective control of exchange rates; stable control of interest rates and the banking system striving to reduce costs to reduce lending interest rates, sharing with people, businesses and the country.

Control gold and USD prices using existing tools, and make decisions according to authority. If anything is needed or missing, it must be promptly reported to the Government and Prime Minister.

Credit growth must direct cash flow into production and business, improve people's lives, control credit, not let cash flow go into speculation; inspect, check, and control banks that only mobilize deposits without lending or lending little.

The Prime Minister assigned Deputy Prime Minister Nguyen Hoa Binh to directly direct and the Government Inspectorate to step in to strengthen inspection and examination of the banking sector according to Party regulations and laws, not allowing small violations to become major ones.

Regarding fiscal policy, the Prime Minister noted that it is necessary to pay special attention to disbursing public investment; mobilizing and leading social investment; and studying the issuance of construction bonds. The Ministry of Finance will strengthen the management of state budget revenue and expenditure, striving for a 25% increase in state budget revenue in 2025 compared to the estimate, and strive to disburse public investment capital to reach 100% of the plan.

Renewing growth momentum

Focus on renewing traditional growth drivers and strongly promoting new growth drivers. Boost production, business, export, negotiate and sign new FTAs, especially with the Gulf Cooperation Council (GCC) and the South American Common Market (MERCOSUR), and stimulate domestic demand.

Timely and effectively deploy the Politburo's "pillar" resolutions on science and technology, innovation, digital transformation, law making and enforcement, private economic development and international integration, state economic development, educational and training breakthroughs, people's health care, etc.

Urgently build an international financial center and free trade zones. Focus on removing difficulties and obstacles, effectively implementing the 2-level local government model. The general spirit is to continue to promote the work of reviewing, perfecting institutions, decentralization, decentralization, reforming administrative procedures, and digital transformation. Focus on removing difficulties and obstacles of long-standing projects.

Developing culture and society; protecting the environment; preventing and combating natural disasters, responding to climate change; preventing and combating smuggling, trade fraud, counterfeit goods, especially medicines and food; preventing corruption, waste, and negativity; consolidating and strengthening national defense and security; maintaining social order and safety; enhancing foreign affairs and international integration.

Early approval and implementation of nuclear power projects, focusing on building a nuclear power development strategy. Preparing to implement the Lao Cai - Hanoi - Hai Phong high-speed railway project; building 100 solid boarding and semi-boarding schools in border communes...

NGOC AN

Source: https://tuoitre.vn/thu-tuong-kiem-soat-cac-ngan-hang-chi-huy-dong-ma-khong-cho-loy-hoac-cho-vay-it-20250906150338217.htm