Disbursed social investment capital in 2021 sees lowest increase
The total social investment capital disbursed in 2021 was estimated at nearly 2,892 trillion VND (126.5 billion USD), up 3.2 percent annually, reported the General Statistics Office (GSO).
Hanoi (VNA) – The total social investment capital disbursed in 2021 was estimated at nearly 2,892 trillion VND (126.5 billion USD), up 3.2 percent annually, reported the General Statistics Office (GSO).
A GSO leader said it has been the lowest increase over the pastyears, but the result was positive amid the complicated developments ofCOVID-19 pandemic at home and abroad.
Of which, the capital of the State and FDI sectors decreased 2.9 percent and 1.1 percent respectively while that of the non-State sector increased 7.2 percent.|
According to the Ministry of Finance, as of December 31, 2021, disbursement of public investmentcapital reached 77.3 percent of the target assigned by the Prime Ministercompared to 82.66 percent from the same period last year. Of which, 83.66percent was domestic and 26.77 percent was foreign capital.
Deputy Minister of Planning and Investment Tran Quoc Phuong saidthe ministry will continue reviewing legal regulations related to publicinvestment and disbursement for amendments and supplements and report to competentauthorities in line with regulations, especially those regarding construction,land and natural resources.
✱ The PM’s special working teams on tackling difficulties forprojects and public investment disbursement in ministries, agencies andlocalities will continue grasping the situation and promptly address obstaclesin the process./.
The rate of the investment from the non-state sector is on a constant rising trend, from 38.5% in 2001 to over 43% in 2018, marking a nearly 5 percentage point in the total social investment.
Total social investment in the first nine months of this year increased just 4.8 percent year-on-year to 1,445 trillion VND, the lowest pace during the 2016-2020 period, the General Statistics Office (GSO) revealed on September 29.
The disbursement rate of public investment capital in 2021 is expected to reach between 95-100 percent of the plan assigned by the Prime Minister, according to the Ministry of Planning and Investment.
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Illustrative image (Photo: VNA) 
