President receives IMF representative

President Truong Tan Sang in Hanoi on July 27 hosted a reception for IMF Resident Representative for Vietnam and Laos Sanjay Kalra, who is going to finish his tenure of working in Vietnam. 

Appreciating the financial and consultative assistance to Vietnam from Kalra and the IMF, the State President said Vietnam welcomes further support and always listens to the fund’s frank recommendations to avoid restructuring mistakes made previously in other countries. 

Kalra expressed his delight that IMF support has contributed to policymaking progress in Vietnam. 

Vietnam has demonstrated its stability while facing challenges from the economic restructuring process, he said. 

He said he believes in the country’s enhanced role in the region moving forward.

On the same day, Head of the Party Central Committee’s Economic Commission Vuong Dinh Hue received Sanjay Kalra.

Hue appreciated contributions to Vietnam’s economic development by Sanjay Kalra and spoke highly of the IMF official’s close cooperation, especially his precious assistance and advice in the past four years, contributing to promoting ties between Vietnam and the IMF. 

Hue hoped the IMF would continue increasing cooperation, especially in research and assessment with frank views, to assist in the Economic Commission’s consultative and research tasks. 

He wished Kalra, in his new position, would continue to support Vietnam and foster the cooperation between the commission and the IMF. 

At the meeting, Kalra emphasised that maintaining stabilising the macro-economy is vital and that the leadership of the Party is very important, including the commission’s consultative role.

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