Public investment disbursement among measures to promote growth: PM
The disbursement of public investment capital is one of the measures to promote growth, affirmed Prime Minister Pham Minh Chinh when chairing a nationwide conference on September 26.
Prime Minister Pham Minh Chinh speaks at the event (Photo: VNA)
Hanoi (VNA) – The disbursement of publicinvestment capital is one of the measures to promote growth, affirmed PrimeMinister Pham Minh Chinh when chairing a nationwide conference on September 26.
Theconference, which is taking place in in-person form in Hanoi with online connection with 63 centrally-run cities and provinces, discusses theacceleration of such disbursement and the implementation of three nationaltarget programmes.
PM Chinh noted that public investment disbursement is a key task but it hasbeen a weak point of the system from the beginning of the year.
Slow progress of the work has been recorded in many years,he said, requesting that the causes behind the slowness must be clarified.
The Government leader said he hopes to hear participants’ frankcomments on the situation and proposals on related solutions to the issue.
A total of 285.4 trillion VND (12.18 billion USD) sourcedfrom the State budget was disbursed in the first eight months of 2022, equal to51% of the yearly plan and up 16.9% year-on-year, according to the GeneralStatistics Office (GSO)./.
Prime Minister Pham Minh Chinh on August 3 urged stronger determination, efforts and actions to disburse public investment as part of the Government’s main priorities.
Ho Chi Minh City is seeking approval for an additional 120 trillion VND (5.13 billion USD) of public investment from the central government and the disbursement of previously approved public investment in order to speed up the progress of major public projects, said a municipal official.
A total of 285.4 trillion VND (12.18 billion USD) sourced from the State budget was disbursed in the first eight months of 2022, equal to 51% of the yearly plan and up 16.9% year-on-year.
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Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
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Prime Minister Pham Minh Chinh speaks at the event (Photo: VNA) 
