About VND9 trillion (US$382 million) of public investment capital from foreign sources has been disbursed in the first 11 months this year, accounting for only 26% of the allocated capital.

Prime Minister Pham Minh Chinh has issued a decision earmarking over VND147 trillion (US$6.39 billion) from the State budget for ministries, agencies and localities to carry out the socio-economic recovery and development programme.

VOV.VN - It remains imperative to roll out drastic measures aimed at fast-tracking the disbursement of public investment capital and the realisation of the socio-economic recovery and development programme, as well as three national target programmes.

Ho Chi Minh City’s economy has seen a steady revival and is on course to return to pre-COVID levels, Chairman of the municipal People’s Committee Phan Van Mai said on June 29.

VOV.VN - Prime Minister Pham Minh Chinh on May 2 signed a decision to establish six working groups to accelerate the disbursement of public investment capital at ministries, centrally-run agencies and localities.

The total social investment capital disbursed in 2021 was estimated at nearly VND2,892 trillion (US$126.5 billion), up 3.2 % annually, reported the General Statistics Office (GSO).

The public investment disbursed in 2021 has reached 77.3% of the target set by the Prime Minister, lower than the rate of 82.66% recorded last year, according to the Ministry of Finance (MoF).

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.

VOV.VN - Prime Minister Pham Minh Chinh requested on September 28 that various ministries, agencies, and localities speed up and increase the efficiency of public investment disbursement, which is currently going slow nationwide.

Only over VND220.7 trillion (US$9.7 billion) worth of public investment capital was disbursed by the end of August, or 40.6% of the plan assigned by the Prime Minister.