Deputy PM calls for stronger leadership in 2025 public investment disbursement

To meet the 2025 target of fully disbursing the capital plan assigned by the Prime Minister, Deputy Prime Minister Mai Van Chinh has urged relevant ministries and agencies to redouble their efforts, ensuring effective implementation of tasks and solutions set out in the Government's resolutions and the PM’s directions.

Chairing the September 10 meeting of Working Group No. 8, which monitors, addresses bottlenecks, and promotes public investment disbursement for six ministries and central agencies, the Deputy PM pointed out that their disbursement progress in August remained significantly lower than the average of other ministries, central agencies, and the nation as a whole.

He stressed the need to identify and address the root causes, noting that responsibility primarily rests with project owners. Shortcomings included weak investment preparation, incomplete environmental impact assessments, and delays in fire safety and prevention approvals.

Beyond objective challenges, Chinh underlined subjective factors such as insufficient leadership, lack of determination, and inadequate oversight in certain ministries and agencies. As remedies, he called for closer monitoring on a daily and weekly basis, with clear assignments of responsibilities, timelines, and outcomes, alongside measurable indicators of progress.

For sector-specific difficulties, he recommended early preparation, engaging expert consultants, and strengthening forecasting capacity to assess project feasibility.

The Deputy PM also emphasised stricter discipline in public capital disbursement, faster progress in site clearance and construction, and the need to resolve issues relating to land and natural resources. He urged relevant units to press contractors to complete documentation and accelerate finalisation of capital settlements.

Looking ahead, he reaffirmed that speeding up public investment disbursement remains a top priority. He instructed heads of ministries and agencies to direct project owners to mobilise resources, swiftly resolve project-specific obstacles, and personally oversee solutions within their authority.

At the meeting, Deputy Minister of Finance Nguyen Duc Tam reported that the total state budget investment plan for 2025 assigned by the Prime Minister to the six ministries and central agencies under Working Group No. 8 amounts to VND4.079 trillion  (US$154.5 million), accounting for 2.2% of the national plan allocated to all central-level bodies.

As of August 31, three of the six ministries and agencies had fully allocated their assigned funds. Their estimated disbursement stood at VND951.6 billion, or 23.33% of the Prime Minister’s plan, well below the national average of 46.26%.

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