Quang Binh adjusts economic growth to 8% in 2025

CÔNG SÁNG |

Quang Binh - The province adjusted the growth target to 8% in 2025, creating a foundation to strive for double-digit growth rate in the period of 2026 - 2030.

The People's Council of Quang Binh province has just passed a Resolution of the 20th session on the socio-economic development plan for 2025, setting a growth target of 8%, to create a solid foundation to achieve double-digit growth rate in the period of 2026 - 2030.

At the 20th session, term XVIII held on the afternoon of February 19, the People's Council of Quang Binh province decided to adjust a number of economic development targets in 2025, in the direction of accelerating growth rate, in accordance with the direction of the Government.

At the end of 2024, Quang Binh province set a GRDP growth target of 7 - 7.5%, lower than the Government's assigned level of 8%. The Provincial People's Council has decided to increase the target to 8%.

In addition, the Provincial People's Council agreed to amend related indicators, including the value of agricultural, forestry and fishery production increasing by 3%; the value of industrial production increasing by 9%; the value of production and services increasing by 8.5%.

According to Mr. Tran Hai Chau, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Council of Quang Binh province, based on reality, the Government has set a target of national economic growth of 8% or more, in which the province is assigned to achieve a growth rate of 8%. Therefore, the Provincial People's Council adjusted the growth target according to the direction of the Government, creating a solid foundation to strive for double-digit growth rate in the period of 2026 - 2030.

To ensure the achieved targets, the People's Committee of Quang Binh province has issued a specific action plan, requiring departments, branches and localities to synchronously deploy solutions, focusing on key areas.

Strengthen discipline and administrative discipline, ensuring the principle of "clear people, clear work, clear time limit"; speed up the progress of key industrial projects, especially putting Quang Trach 1 Thermal Power Plant into operation in 2025.

Improve the effectiveness of budget collection, strengthen inspection, examination, prevent tax loss, tax evasion and thoroughly save regular expenditures; promote disbursement of public investment capital from the beginning of the year, avoid concentrating at the end of the year to cause disbursement pressure; promote widespread digital transformation, reform administrative procedures, improve the investment environment, attract businesses.

Quang Binh aims to create a breakthrough in economic management, flexible operations, and improve growth quality to not only achieve an increase of 8% in 2025 but also create a premise for a strong breakthrough in the following years.

CÔNG SÁNG
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