According to the Decision, Prime Minister Pham Minh Chinh serves as the Head of the Steering Committee; the two Deputy Heads are Deputy Prime Minister Ho Duc Phoc (Permanent) and Minister of Finance Nguyen Van Thang. The Ministry of Finance is the Permanent Agency of the Steering Committee.
The Steering Committee is an inter-ministerial coordinating organisation with the function of assisting the Government and the Prime Minister in researching, directing, and coordinating the resolution of important, inter-sectoral issues in macroeconomic management and administration nationwide.
The Steering Committee is tasked with assisting the Government and the Prime Minister in researching, advising, recommending, and proposing directions and solutions to address important, inter-sectoral issues in macroeconomic management and administration.
Simultaneously, it assists the Government and the Prime Minister in directing, coordinating, and urging relevant ministries, sectors, localities, agencies, and organisations to resolve important, inter-sectoral issues in macroeconomic management and administration.