The Politburo and the Secretariat basically agreed on the assessments of the H1 socio-economic situation in a report delivered by the Government’s Party Civil Affairs Committee. Accordingly, the macro-economy has been kept stable, inflation under control, major balances guaranteed, and growth promoting measures carried out strongly.
The report highlighted encouraging results in administrative reform; the improvement of the investment and business climate; the acceleration of key and nationally important projects; cultural, social, labour, employment and social security affairs; the fight against corruption and negative phenomena; the enhancement of thrift practice and wastefulness prevention; the safeguarding of independence, sovereignty and territorial integrity; the maintenance of political and social stability; along with external relations and international integration.
Basically agreeing on the tasks and measures set for H2, the Politburo requested staying steadfast in the target of maintaining macro-economic stability, controlling inflation, boosting growth, and ensuring major balances of the economy.
In particular, it is necessary to keep a close watch on and issue precise forecasts of the domestic and international situations to make timely policy response; continue a focus-driven fiscal policy; give assistance to people and businesses to reduce expenses and facilitate production; and maintain a proactive, flexible, timely, and effective monetary policy that is closely coordinated with the fiscal policy.
It ordered developing new economic growth drivers; optimising external resources to promote innovation, digital economy and digital transformation; completing the development strategies and policies for sectors; and finalising the legal framework for the development of a carbon market.
In addition, the Politburo underlined the need to continue paying attention to social security; the labour market; cultural affairs; education; health care; the material and spiritual lives of ethnic minority people; the safeguarding of independence, sovereignty, territorial integrity; the maintenance of political security and social order and safety; along with diplomatic activities and international integration.
The Politburo emphasised the request for further enhancing the fight against corruption and negative phenomena; thrift practice and wastefulness prevention; complaint and denunciation settlement; and the investigation into the cases monitored by the Central Steering Committee for Corruption and Negative Phenomena Prevention and Control.
