Prime Minister Chairs Meeting of National Steering Committee for Block Funding | Policy

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Prime Minister Pham Minh Chinh speaks during the meeting (Photo: VNA)

Hanoi (VNA) – The domestic financial market has developed rapidly with outstanding results based on advanced technologies, Prime Minister Pham Minh Chinh said at a meeting of National Steering Committee for Integral Finance in Hanoi on August 6.

Banking services have also made rapid progress, catching up with the development of the international market, according to the prime minister, who also heads the committee.

However, gaps remain in the implementation of block funding, he said, adding that people in rural and remote areas still struggle to access financial sources.

Black credit has remained a public concern and agencies and organizations have yet to coordinate in a concerted and effective manner in the implementation of global finance, the leader stressed.

He noted that the government issued Decision No. 149/QD-TTg on approving a national strategy for comprehensive financing by 2025 with a vision for 2030.

The strategy sets out views, goals, tasks and solutions to accelerate access to and use of financial products and services for all people and businesses, he said.

The release of the strategy reflects the consistent policy of the Party and the state to stimulate overall growth towards long-term sustainability and to ensure harmony between economic growth, social progress and equality and the protection of the environment, underlined the Prime Minister.

The meeting reviewed the implementation of the strategy over the past years and took stock of the situation to improve the work./.

ANV

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