The Ministry of Finance has just issued Document No. 2060/BTC-ĐT reporting to the Prime Minister the situation of capital payment from the state budget for investment in fiscal year 2024.
The report specifies the disbursement of the annual plan capital in 2024. Accordingly, the accumulated payment from the beginning of the year to January 31, 2024 is VND 31,524.5 billion/total plan is VND 689,775.9 billion, reaching 4.57% of the plan.
The estimated payment from the beginning of the year to February 29, 2024 is VND 59,998.1 billion, reaching 8.7% of the total plan (achieving 9.13% of the plan assigned by the Prime Minister) (comparing to the same period in 2023, reaching 6.55% of the plan and achieving 6.97% of the plan assigned by the Prime Minister).
Disbursement rate increases compared to the same period in 2023
Commenting on the capital disbursement situation, the Ministry of Finance stated that the estimated disbursement rate for the annual plan in 2024 is 8.7% of the total plan. Compared to the plan assigned by the Prime Minister, the disbursement rate reached 9.13%, an increase compared to the same period in 2023 (6.55% of the total plan and 6.97% of the plan assigned by the Prime Minister).
Out of 44 central ministries and agencies and 63 localities, 4 central ministries, agencies and 38 localities have the disbursement rate above the average level of the whole country. Some central ministries, agencies, and localities with good disbursement rates include Vietnam Television (34.92%), Ministry of Construction (32%), Vietnam Women’s Union (27.83%), Hau Giang (30.15%), Tien Giang (27.62%), Vinh Phuc (21.49%), Tuyen Quang (21.26%), Hoa Binh (20.95%).
32 out of 44 central ministries and agencies have a disbursement rate of 0%, and 6 localities have a low disbursement rate, below 5%.
Regarding the implementation of key projects: As of January 31, 2024, the total disbursed capital of 9 important national projects in the transportation sector is VND 4,463.21 billion, reaching 6.63% of the assigned plan in 2024 (VND 67,365.78 billion), of which central budget capital is VND 4,230.67 billion, reaching 6.82%; local budget capital is VND 232.54 billion, reaching 4.35%.
The Ministry of Finance proposed that ministries, central agencies, and localities continue to immediately deploy Inspection Teams to inspect, urge and resolve difficulties and obstacles to promote the capital disbursement for public investment in ministries, central agencies, and localities according to the Decision No. 235/QD-TTg dated April 14, 2023, of the Prime Minister; promote the situation of production, business, public investment, infrastructure construction, and import-export according to the Decision No. 435/QD-TTg dated April 24, 2023, of the Prime Minister.
The Ministry of Finance proposed that ministries, central agencies, and localities direct investors to promptly coordinate with the State Treasury at the transaction place to complete the procedures for transferring sources of projects under the Economic Recovery and Development Program – Society in 2024 as a basis to continue disbursement.
Urgently review the proposed projects to extend the implementation period and disbursement plan of public investment into 2024 in accordance with the regulations in Decree No. 40/2021/ND-CP dated April 6, 2021, of the Government detailing the implementation of some provisions of the Law on Public Investment.
