Friday, May 25, 2007

Leader meets IMF, Angolan officials


HA NOI — Viet Nam is highly appreciative of the role the International Monetary Fund has played in aiding the country’s development. That was the message delivered by National Assembly Chairman Nguyen Phu Trong to visiting IMF Deputy Managing Director Takatoshi Kato in Ha Noi yesterday.
The National Assembly chief went on to thank the IMF for its help in providing consultancy on policy-making and technical support, particularly regarding financial systems.
Chairman Trong informed the visiting IMF leader of Viet Nam’s commitment to continuing implementation of its market reforms in order to integrate even deeper into the global economy. He stressed that during the country’s renovation period, the National Assembly has actively promoted reforms in law making and was a key player in supervising and deciding issues of importance.
Kato was of the opinion that the National Assembly was instrumental to the country’s socio-economic development, proven by the increasing participation of the public in successful events such as the recently concluded 12th National Assembly elections.
The IMF leader said he wanted to study the NA’s future law-making work, particularly those relating to the equitisation of the State-owned commercial banks.
He stressed however that reforms would have to continue to create a more advantageous environment for Viet Nam’s development.

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