The Hanoi People’s Committee requested that its agencies halt purchasing of public cars and the construction of new headquarters next year as a way to maximise spending efficiency.
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| Hanoi People’s Committee Chairman Pham The Thao |
Municipal agencies have been also urged to stop sending officials abroad, said the Chairman.
According to the Chairman, a total VND81 billion (USD3.9 million) which has already been allocated for such activities can be spent on rural development.
Investors of projects which face sluggish implementation or squander capital will have to take full responsibility and possible punishment, according to regulations.
Next year, the city will focus on inflation control and the stabilisation of the marco-economic picture, along with its focus on business and production activities, in an attempt to relieve financial hardships for SMEs and create job-growth.
