Ministry offers six solutions to curb inflation, stabilise macro economy

18/08/2011  

In a bid to tame the consumer price index (CPI) at about 17 percent as targeted by the government, the Ministry of Finance (MoF) has recently offered six solutions to realise the goal of curbing inflation and stabilising the macro economy. Accordingly, first, the ministry will focus on solving the key problems of price such as the quality of growth, competitiveness of the economy and efficient use of capital. Second, it is necessary to fully carry out measures to control the aggregate demand in the economy in accordance with the government's Resolution No 11/NQ-CP. Third, the country needs to ensure the supply-demand balance of goods and services in all circumstances, of which, first of all is essential goods for production and life. In addition, rearrangement and reorganisa

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