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NA Standing Committee talks socio-economic recovery, development projects

The National Assembly (NA) Standing Committee convened an extraordinary session in Hanoi on August 29 to look into the assignment of tasks and projects under the socio-economic recovery and development programme and investments for them.
NA Standing Committee talks socio-economic recovery, development projects ảnh 1NA Chairman Vuong Dinh Hue speaks at the working session (Photo: VNA)
Hanoi (VNA) – The National Assembly (NA)Standing Committee convened an extraordinary session in Hanoi on August 29 tolook into the assignment of tasks and projects under the socio-economicrecovery and development programme and investments for them.

The meeting, presided over NA Chairman Vuong DinhHue, also discussed adjustments and supplements to the central budget estimateof 2022 yearly plans of ministries, centrally-run agencies and localities.

In his remarks, Hue said the committee is scheduledto issue resolutions before September 2 to facilitate capital allocation to ministries,agencies and localities by the Government and the Prime Minister.

In January, lawmakers agreed to put aside 176trillion VND (7.51 billion USD) from the central budget for developmentinvestment.

Of the total, more than 172.56 trillion VND has beeninformed to ministries and agencies so far to complete 264 tasks and projects,of which 94 have investment procedures done, according to Deputy Minister ofPlanning and Investment Tran Quoc Phuong.

The projects were reviewed to ensure their observanceto regulations of the Investment Law, he continued.

In its proposal sent to the NA Standing Committee,the Government also suggested the committee issue a resolution on the allocationof development investment under the socio-economic recovery and developmentprogramme, as well as adjustments and supplements to the investment plan of thecentral budget for 2022.

As of August 28, 16 ministries, centrally-runagencies and localities had yet completed the disbursement.

Some said the total capital sourced from the centralbudget and to be allocated to ministries, agencies and localities should bedecided at the fourth meeting of the 15th NA./.
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