Hanoi (VNA) –National Assembly Chairwoman Nguyen Thi Kim Ngan urged the Ministry of Finance(MoF) to perform its tasks right from the beginning of the year as 2018 is very important for the fulfillment of targets and plans for 2016-2020.

While working with the ministry’s leaders in Hanoi on February 26, the NAleader praised the ministry for maintaining the State budget and proposing policiesand laws related to finance and budget collection-spending management.

In 2017, budget overspending, public and foreign debts were controlled, financialdisciplines were ensured and the financial policy was tightened, she said.

Obviously, budget overspending declined thanks to the implementation of the nationalfive-year mid-term financial plan in 2016-2020, she noted.

As the MoF will be the only agency in charge of public debt management fromJuly 2018, Chairwoman Ngan asked the ministry to actively coordinate withrelevant agencies to well perform this task.

She also required the ministryto improve the management of incomes from equitisation and divestment, reorganisebusinesses under its management, enhance the management of budget collectionsunder the law, and limit financial funds to focus resources on the Statebudget.

Minister Dinh Tien Dung affirmed that inthe coming time, his ministry will continue to tighten financial disciplinesand resolutely maintain national financial plans, considering it an important mission,while effectively implementing Resolution No. 25/2016/QH14 on the national five-yearfinancial plan in the 2016-2020 period.

The ministry will restructure its apparatus in the fields of tax, treasury andcustoms right from the year’s beginning, he added.-VNA