Nearly 36 percent of public investment for agriculture disbursed in six months
The agricultural sector has disbursed about 3.52 trillion VND (152.98 million USD) of public investment in the first six months of 2021, completing 35.83 percent of its yearly target, according to the Ministry of Agriculture and Rural Development (MARD).
Hanoi (VNA) – The agricultural sector has disbursedabout 3.52 trillion VND (152.98 million USD) of public investment in the firstsix months of 2021, completing 35.83 percent of its yearly target, according tothe Ministry of Agriculture and Rural Development (MARD).
The MARD has planned to roll out a number of measures to removedifficulties and speed up the disbursement of capital for programmes andprojects, thus boosting production and preventing natural disasters.
Along with convening online meetings to seek ways to deal with problems in eachproject, the ministry has reviewed the plans for the implementation of particularprojects for timely adjustments.
The ministry has made flexible capital amendments forprojects to ensure their highest disbursement. In May alone, itissued two documents on the adjustment of capital worth 412 billion VND forprojects using Government bonds and official direct assistance (ODA) loans.
It is likely to disburse 100 percent of the domestic capital allocated for 2021.
According to the MARD, this year, the sector is allocatedover 9.8 trillion VND (425.91 million USD) of capital, including 2.84 trillionVND worth of ODA./.
Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
The Minister of Transport has issued Directive 06/CT-BGTVT on speeding up public investment disbursement in 2021 to successfully realise the socio-economic plan and State budget estimate for the year.
Over 1.14 trillion VND (49.5 million USD) have been disbursed in the southern province of Long An since the beginning of this year, or 21.9 percent of the target, equivalent to 65.7 percent recorded in the same period last year, reported the provincial Department of Planning and Investment.
As of June 10, ministries and sectors had disbursed 1.253 trillion VND (54.6 million USD) of the public investment capital funded by foreign sources and planned for 2021, equivalent to only 7.53 percent of the year’s target.
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Illustrative image (Source: VNA) 
