Hanoi (VNA) – Minister of Transport Nguyen Van The has urged for an acceleration of thedisbursement of 2021 public investments.
A document on this issue, recently signed by the minister,points out that to date, many units of the ministry have yet to disburse lastyear’s public investment plan, with the disbursement rate being much lower thanthe ministry’s average.
To reach the target of having 96 percent of publicinvestment disbursed as assigned by the Prime Minister, the Transport Ministry asksinvestors and project management boards to speed up disbursements and clearlyreport reasons for the slow pace.
The heads of the investors and project management boards bearthe main responsibility for the slow work.
According to the ministry’s Planning-Investment Department,last year, the ministry’s total investment was 43.2 trillion VND (1.9 billion USD),of which 37.1 trillion VND, or 85.6 percent, was disbursed.
To achieve the set target, by the end of this month, atleast 4.49 trillion VND must be doled out./.
Deputy Prime Minister Pham Binh Minh has asked ministries, sectors and localities to strictly follow the direction of the Government and the Prime Minister to achieve the highest disbursement rate in the remaining time of 2021 while ensuring the effectiveness of public investment projects.
The public investment disbursed in 2021 has reached 77.3 percent of the target set by the Prime Minister, lower than the rate of 82.66 percent recorded last year, according to the Ministry of Finance (MoF).
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Illustrative image (Photo: VNA) 
