Close coordination and mutual support between monetary policy, fiscal policy and other macroeconomic policies are necessary to maximise effectiveness and achieve the goals of maintaining macroeconomic stability, controlling inflation, promoting growth and ensuring economic balance.
The National Assembly has approved a development plan that aims to deliver double-digit economic growth, expand manufacturing, and push ahead with institutional reforms.
The Prime Minister directed the State Bank of Vietnam to work with relevant agencies to monitor global and domestic economic trends and manage monetary policy proactively and effectively.
According to experts, in 2023, although there were still many difficulties in promoting economic growth, the positive effects of fiscal and monetary policies were shown.
