The Ministry of Finance has just released a report on the disbursement of public investment capital in the first two months of the year, showing remarkable progress. Both the total disbursement capital and the disbursement rate are higher compared to the same period last year.
This year, the total plan for public investment capital assigned by the Government to ministries, central agencies, and localities is nearly VND 660 trillion. Of which, the plan for important national projects, expressways, inter-regional and coastal roads, and priority programs is VND 92.9 trillion.
Despite these positive signals, there are still 20 out of 44 ministries and central agencies, and 38 out of 63 localities that have not allocated or fully allocated the assigned capital plan. The Ministry of Finance stated that the reason is that many ministries and localities are planning to allocate capital for new projects but have not completed the investment procedures.
In the first two months of the year, the whole country disbursed nearly VND 60 trillion of public investment capital. (Illustration photo).
To fully allocate the capital source, the Ministry of Finance proposes that the Government assign the Ministry of Finance, the Ministry of Planning and Investment to coordinate with ministries, central agencies, and localities to report specific solutions for handling obstacles related to this year’s capital investment plan.
Regarding national priority projects, the Ministry of Finance suggests that the Ministry of Transport and localities take strong measures to promote the disbursement of public investment capital as prescribed by the Government.
“Localities should completely resolve the clearance in accordance with the progress, focus on constructing resettlement areas, and stabilize the lives of the people. Localities should promptly identify sufficient supply of materials, cooperate with investors and construction contractors to complete the procedures for mining construction materials according to specific mechanisms,” the Ministry of Finance recommends.
It is known that some localities are implementing the disbursement of capital since the beginning of this year, in which they have put forward many resolute solutions, established inspection teams, and urged the progress, such as Thanh Hoa, Hai Duong, Quang Ngai…
