With the majority of delegates, the National Assembly passed the resolution on the plan for socio-economic development in 2019. GDP growth target of 6.6-6.8%. In the morning of November 8, with 447/450 delegates voting for the approval (accounting for 92.16%), the National Assembly passed the resolution on the plan for socio-economic development in 2019. The first indicator defines total Gross Domestic Product (GDP) increased by 6.6-6.8%.
Image credits: Zings News
Presenting report explaining, receiving and adjusting the draft resolution, Chairman of Economic Committee of National Assembly Vu Hong Thanh said that the proposal to decide GDP target increased 6.8-7%. It is recommended to keep as 2018 from 6.5 to 6.7%.
With these ideas, the National Assembly Standing Committee said that the GDP growth target in 2019 was calculated on the basis of the realized GDP of 2018 reached and exceeded 6.7%.
"Through forecasts and major balances of the economy as well as reference by some international organizations, the Government reports to the National Assembly that GDP growth of 6.6-6.8% for 2019 is conservative. prudence, harmony between growth targets and curbing inflation, continue to create the foundation for macroeconomic stability and solve social problems, "said Vu Hong Thanh.