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National Assembly discusses policies to support economic recovery

by VTV407 January 2022 Last updated at 13:00 PM

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National Assembly discusses policies to support economic recovery
Photo: VNA
In the framework of the 1st extraordinary session of the National Assembly, on January 7th, delegates discussed online the draft Resolution on fiscal and monetary policies to support the country's socio-economic recovery and development program.

The draft Resolution that the Government submitted to the National Assembly proposed a fiscal and monetary policy package worth nearly VND 350 trillion for economic recovery. Of which, the fiscal policy alone amounts to 291 trillion dong.

To implement it, the Government has proposed allowing an increase in the State budget deficit to a total amount of VND 240,000 billion for the two years of 2022-2023. During the discussion, the majority of the National Assembly deputies expressed their agreement with the Government's proposal.

In order to recover and develop, according to several delegates, developing labor and fiscal policies to support workers and the recovery of the labor market is crucial./.