On July 25, 2022, in Hanoi, Deputy Governor Pham Thanh Ha of the State Bank of Vietnam (SBV) had a meeting with Mr. Jean Baden Duibois, Governor of the Bank of the Republic of Haiti (BRH).
An overview of the meeting.
At the meeting, Deputy Governor Pham Thanh Ha warmly welcomed the working visit of Mr. Jean Baden Duibois and the BRH delegation to the SBV. Sharing about Vietnam’s macroeconomic developments, the SBV Deputy Governor said that, over the past time, the Party, the National Assembly, and the Government of Vietnam have always been consistent with the objectives of maintaining the macro-economic stability, controlling the inflation, ensuring the macro balances, contributing to the promotion of sustainable economic growth.
Implementing the above mentioned policy, the SBV has managed the monetary policy in a proactive, flexible and prudent manner in close coordination with the fiscal policy and other macro policies, and has controlled the inflation within the set target, contributing to maintaining the macro-economic stability, supporting the recovery of the economic growth, ensuring the stability of the money market and the banking operations, increasing the state foreign reserves, etc. The interest rates and the exchange rates have been regulated in line with the macro-economic developments, the financial and money market, as well as the overall objectives; the credit growth has been controlled within safe and effective limits in parallel with the improvement of the credit quality; the credit structure has been directed to focus on production and business activities and the priority fields as determined by the Government, supporting the socio-economic recovery, etc.
Deputy Governor Pham Thanh Ha speaks at the meeting.
For his part, BRH Governor Jean Baden Duibois spoke highly of Vietnam’s achievements in controlling the inflation, maintaining the macro-economic stability, promoting the economic recovery and development, etc. The BRH Governor hoped that the two sides would continue to have more exchanges and experience sharing about the management of the monetary policy, the banking operations, digital transformation, forex management, etc.
Mr. Jean Baden Duibois, BRH Governor, speaks at the meeting.
Deputy Governor Pham Thanh Ha also expressed his beliefs that Haiti would overcome the current difficulties, and leverage the country’s potentials to develop quickly in the coming time.
Le Hang