Gov't establishes steering committee for implementation of recovery program

The committee will be led by Deputy Prime Minister Le Minh Khai who will be assisted by Minister of Planning and Investment Nguyen Chi Dung, Deputy Minister of Finance Vo Thanh Hung, and Deputy Governor of the State Bank of Viet Nam Pham Thanh Ha.

The Ministry of Planning and Investment shall serve as the standing body of the steering committee.

The program was adopted by the Government last January, with the goal of recovering production and business activities of enterprises, economic organizations while promoting growth activities.

The program aims to stabilize the economy and ensure social security for people as COVID-19 pandemic has significantly affected the economy, having severe impacts on many aspects of life, society and the ability to implement annual socio-economic goals, targets and tasks and in 5-year period 2021-2025.

In addition, the Government chief also decided to set up six working groups headed by Deputy Prime Ministers, Minister of Planning and Investment, and Minister of Finance, in charge overseeing and stepping up the disbursement of public investment capital.

(Source: VGP)