Prime Minister Pham Minh Chinh chaired the Government's Standing Committee meeting with ministries, agencies, and organizations on March 5th in Hanoi. (Photo: Lai Hoa/VOV)

Speaking at a meeting on Thursday of the Government Standing Committee with ministries and relevant agencies to discuss key tasks and solutions for managing monetary and fiscal policies in 2026, the Prime Minister underscored the need to ensure major economic balances while keeping public debt, government debt and external debt within permitted limits.

At the same time, he called for flexible, safe and effective policy responses to any emerging situation. To address potential impacts of tensions in the Middle East on Vietnam’s socio-economic situation, the Prime Minister requested that fiscal policy be expanded in a targeted manner, covering budget revenues and expenditures, public investment, taxes, fees, government bonds and the securities market.

Meanwhile, monetary policy must remain proactive, flexible and effective, particularly in managing interest rates, exchange rates, foreign exchange reserves and credit growth. Both fiscal and monetary policies should work in close coordination to support each other and maintain overall economic stability.