Government chief orders speeding up of public investment disbursement

VOV.VN - Prime Minister Pham Minh Chinh has moved to sign a dispatch outlining a range of measures aimed at accelerating the disbursement of public investment during the remainder of the year.

Due to the negative impact of the COVID-19 pandemic, as of July 31, disbursement of public investment reached only 36.71% of the yearly plan, compared to 40.67% from the same period last year. Indeed, ODA and concessional loans stood at only 7.52% throughout the reviewed period, according to information stated in the document.

Moving forward, the Government is aiming to raise the disbursement rate to at least 95% this year.
The Vietnamese cabinet leader went on to request that numerous ministries, sectors, and localities consider stepping up public investment disbursement and making it a main political task for this year.

In addition, they should conduct a review of the allocation of public investment capital in order to ensure that the capital is injected into feasible projects. This should be done whilst imposing strict fines on investors, project management boards, individuals and organisations who deliberately hinder progress of capital allocation and implementation.

He underlined the necessity of continuing to review mechanisms, policies, and regulations related to public investment for timely amendment and supplementation.

The Government chief therefore requested that the Ministry of Finance co-ordinate alongside relevant ministries and agencies to swiftly remove obstacles pertaining to negotiations, the signing of loan agreements, and the withdrawal of loans.

Mời quý độc giả theo dõi VOV.VN trên