Deputy PM orders tightening discipline in public capital disbursement
Deputy Prime Minister Le Minh Khai on April 13 ordered tightening discipline in the disbursement of public investment capital, stating that it is the responsibility of ministries and agencies’ leaders.
Deputy PM Le Minh Khai speaks at the event (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Le Minh Khai on April 13 orderedtightening discipline in the disbursement of public investment capital, statingthat it is the responsibility of ministries and agencies’ leaders.
Chairinga Hanoi meeting of the working group in charge of inspecting, solving difficulties to accelerate publiccapital disbursement, Deputy PM Khai, who is also itshead, said the current disbursement progress is very slow.
Ministries andagencies must identify where the obstacles lie, which procedures are causingdelay and which projects are behind schedule, and propose solutions to fix them,he said.
According to the Ministry of Planning and Investment (MPI), thePrime Minister has allocated ovꦰer 38.3 tri⛦llion VND (1.66 billion USD) to 17ministries and centrally-run agencies to perform 22 tasks and launch 80projects, including 34 transferred and 46 new ones this year. So far, they have allocated more than 34.9trillion VND to tasks and projects, or 91.2% of the plan assigned by the PM.
At the meeting (Photo: VNA)
However, the disbursement rate only met 0.04% of the PM’s plan,much lower than the national average of 10.35%. Up to 13 ministries andcentrally-run agencies have yet to disburse while the remainder’s disbursementwas below 2% of the assigned plan by the PM.
The State Bank of Vietnam was assigned to direct disbursement as much aspossible in support of businesses and residents.
The 🔴Deputy PM urged ministries and agencies to work closelywith localities to tackle d👍ifficulties in policies, site clearance and createfavourable conditions for project implementation and payment./.
Prime Minister Pham Minh Chinh on February 21 chaired a national teleconference on the acceleration of public investment allocation and disbursement in 2023 as well as the socio-economic recovery and development programme.
Prime Minister Pham Minh Chinh has requested ministries, sectors and localities to review legal procedures regarding the disbursement of public investment capital and propose solutions to deal with existing problems, while promptly allocating all the planned public investment capital sourced from the State budget for 2023.
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Deputy PM Le Minh Khai speaks at the event (Photo: VNA) 
At the meeting (Photo: VNA) 
