Disbursement of public investment for agriculture likely to reach 11.4 percent in Q1
The Ministry of Agriculture and Rural Development (MARD) is likely to fulfil 11.4 percent of its yearly plan of public capital disbursement at the end of the first quarter of this year.
Hanoi (VNA) – The Ministry of Agriculture andRural Development (MARD) is likely to fulfil 11.4 percent of its yearly plan ofpublic capital disbursement at the end of the first quarter of this year.
Of the total, the disbursement of capital from Governmentbonds is likely to reach 13.9 percent, while those of official development assistance(ODA) is 7.6 percent and the State budget is 10.2 percent.
According to the ministry, in order to speed up publicinvestment disbursement, right from the beginning of the year, the ministry hasheld a number of online meetings with its agencies to remove difficulties andobstacles in the field.
Along with the implementation of comprehensive measures, in the first months of2021, the ministry has prioritised the disbursement of capital left from 2020, anddirecting the settlement of obstacles facing major projects.
The ministry has strengthen the inspection and supervision of the progress ofeach projects, especially large ones with complicated conditions and huge investment,thus exploring obstacles facing the projects and investors and give timelysolutions, especially in ground clearance.
In 2021, the MARD is allocated with over 9.84 trillion VND (425.32million USD) of public investment capital, including 7 trillion VND fromdomestic sources and 2.84 trillion from ODA sources.
Last year, the ministry received 13.97 trillion VND, ofwhich 12.07 trillion VND was disbursed, equivalent to 86.4 percent of theyearly target./.
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Illustrative image (Source: VNA) 
