Nearly 36% of public investment for agriculture disbursed in six months
The agricultural sector has disbursed about VND3.52 trillion (US$152.98 million) of public investment in the first six months of 2021, completing 35.83% of its yearly target, according to the Ministry of Agriculture and Rural Development (MARD).
The MARD has planned to roll out a number of measures to remove difficulties and speed up the disbursement of capital for programmes and projects, thus boosting production and preventing natural disasters.
Along with convening online meetings to seek ways to deal with problems in each project, the ministry has reviewed the plans for the implementation of particular projects for timely adjustments.
The ministry has made flexible capital amendments for projects to ensure their highest disbursement. In May alone, it issued two documents on the adjustment of capital worth VND412 billion for projects using Government bonds and official direct assistance (ODA) loans.
It is likely to disburse 100% of the domestic capital allocated for 2021.
According to the MARD, this year, the sector is allocated over VND9.8 trillion (US$425.91 million) of capital, including VND2.84 trillion worth of ODA.