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Foreign investment disbursement reaches 23.2 percent

Disbursement of foreign capital for infrastructure construction only reached 23.2 percent of the plan as of October 15, 2019, reported the Finance Ministry on October 23.
Foreign investment disbursement reaches 23.2 percent ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Disbursement of foreign capitalfor infrastructure construction only reached 23.2 percent of the plan as ofOctober 15, 2019, reported the Finance Ministry on October 23.

In compliance with the Prime Minister’s directions at thenationwide teleconference on accelerating public investment allocation anddisbursement in 2019 on September 26, the ministry said 13 centrally-runministries and agencies disbursed an amount equivalent to 29.79 percent of the targetassigned by the PM while the figure was 18.66 percent in localities.

At the central level, only the Defence Ministry and theVietnam Bank for Social Policies fulfilled all the assigned targets.

The Ministry of Public Security’s disbursement hit 98.13percent of the plan. Meanwhile, that of the Health Ministry, the Hoa LacHi-Tech Park and the Vietnam Academy of Science and Technology was 13.99percent, 9.23 percent and 2.28 percent, respectively.

Binh Duong led localities nationwide in disbursement, with75.82 percent, followed by Tay Ninh 59.37 percent, Hai Phong 58.65 percent,Hanoi 51.88 percent, Ninh Binh 43.18 percent and Ho Chi Minh City 41.75percent.

In particular, 10 localities have not yet disbursed or recordedlow disbursement, including Bac Kan, Dien Bien, Hai Duong, Thanh Hoa, Dong Nai,Ba Ria – Vung Tau, Vinh Long, Lam Dong, Hau Giang and Binh Phuoc./.
VNA

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