Deputy Prime Minister Tran Hong Ha urged ministries, sectors, and localities to identify and resolve bottlenecks hindering the disbursement of public investment capital while presiding over a meeting of the Prime Minister’s task force No.2 on the work in Hanoi on May 7.

The Government Office has issued the Notice No.262/TB-VPCP dated October 5, 2021 on the Prime Minister’s conclusions at the nationwide teleconference with ministries, centrally-run agencies and localities on stepping up the disbursement of public investment capital this year.

Minister of Planning and Investment Nguyen Chi Dung has said low disbursement of public investment capital amid the COVID-19 pandemic could waste resources and result in the loss of opportunities to create a driving force for economic development.

The Ministry of Agriculture and Rural Development (MARD) is likely to fulfil 11.4% of its yearly plan of public capital disbursement at the end of the first quarter of this year.

The Finance Ministry has asked for synchronous and drastic measures from the entire political system, ministries, agencies, and localities to step up the disbursement of public investment capital.