The Thong Nhat road extends to where Vung Tau city needs to clear land, demanding the investor to implement construction there. Illustrative image: Hoang Nhi/TTXVN
The directive states: In the first few months of 2024, the Government and the Prime Minister have resolutely directed the allocation and disbursement of public investment capital. Central ministries, agencies, and localities have made many efforts and made their best attempts. By the end of February 2024, the detailed public investment plan for 2024 had reached 94.9% of the plan; disbursement reached 9.13% of the plan, higher than the same period in 2023 (6.97%). However, there is still a significant amount of unallocated capital (about 33 trillion dong) for 21 central ministries, agencies, and 43 localities; 40 central ministries, agencies, and 26 localities have a disbursement rate in the first two months of the year below the national average, of which 29 central ministries and agencies have not implemented the disbursement plan for 2024 (with a disbursement rate of 0%).
In the coming time, the world situation is forecasted to continue to be complex and unpredictable. In Vietnam, there are opportunities, favorable conditions, difficulties and challenges intertwined, but there are more difficulties and challenges. In that context, vigorously allocating and disbursing public investment capital is both urgent and strategically significant, as well as a focal task to contribute to promoting macroeconomic growth and stability, ensuring major balances of the economy, and successfully implementing economic and social development goals for 2024 as assigned by the Central Committee and the National Assembly.
To strive for the highest disbursement rate of public investment capital in 2024 (over 95% of the plan assigned by the Prime Minister), the Prime Minister requires ministers, heads of ministerial-level agencies, governmental agencies, other central agencies, and chairpersons of provincial and centrally-run city People’s Committees to enhance their responsibility, focus on directing, leading, and implementing vigorously, synchronously, promptly, and effectively the following key tasks and solutions:
Thoroughly understand and strictly implement the Party’s lines and policies and the State’s laws and raise awareness of all levels and sectors about the role and significance of public investment in socio-economic development; identify that the disbursement of public investment is one of the top important political tasks that need to be given priority in leadership, direction, and organization. Ministers, heads of ministerial-level agencies, governmental agencies, other central agencies, and chairpersons of provincial and centrally-run city People’s Committees are comprehensively responsible to the Government and the Prime Minister for directing the synchronization, effectiveness, and implementation of the tasks and solutions stated in Resolution No. 01/NQ-CP on the main tasks and solutions for implementing the socio-economic development plan, the state budget estimates for 2024; Resolutions of Regular Government Meetings; guidance opinions of the Government’s leaders specified in Decision No. 1603/QD-TTg on the allocation of investment plans for state budget sources in 2024; Document No. 380/VPCP-KTTH on the allocation and disbursement of the central budget for 2024 and related documents.
Central ministries, agencies, and localities urgently allocate detailed plans for public investment capital for 2024 in accordance with regulations, without further delays; the detailed allocation of capital must ensure focus and priority, not spread out, be suitable for implementation capacity, disbursement, and comply with legal regulations on public investment. Urgently propose solutions to handle the remaining unallocated central budget capital for 2024, send them to the Ministry of Planning and Investment, the Ministry of Finance, and update them on the national investment information system according to regulations specified in Government Resolution No. 28/NQ-CP.
Concentrate on implementing flexible, creative, timely, and effective measures, resolutely promote the implementation and disbursement of public investment capital as well as 3 national target programs; accelerate the progress of deploying key, important, national projects, expressway projects, interregional projects with widespread influences… The acceleration of public investment capital disbursement must be associated with ensuring the quality of construction works and projects, not allowing negativity, loss, and waste.
Make detailed disbursement plans for each project and strictly abide by the disbursement plan for each month and quarter. Focus on speeding up the land clearance progress, construction progress, and removal of difficulties and obstacles regarding land, resources… Strengthen on-site inspection and supervision, urge contractors and consultants to hasten the progress. Actively review and transfer funds between projects with slow disbursement to those with better disbursement capabilities and insufficient capital as prescribed. Specifically assign leaders to take responsibility for monitoring the progress of implementation; closely follow and promptly resolve difficulties, responsible for the disbursement results of each project, consider the results of public investment disbursement as an important basis when evaluating and ranking the completion of annual tasks assigned by the heads of agencies, units, and relevant individuals.
Resolutely and proactively handle and resolve difficulties and obstacles promptly and effectively according to assigned functions, tasks, and authorities; implement the mechanism of delegation, assignment of responsibilities, and clear coordination in terms of authority and responsibility among agencies, units in perfecting investment project procedures. Promote and improve the efficiency of the Special Task Forces for Public Investment Disbursement chaired by provincial People’s Committee Chairpersons as prescribed.
Strengthen discipline and integrity in the disbursement of public investment capital; have strict disciplinary measures according to regulations for investors, project management boards, organizations, individuals intentionally delaying the progress of capital allocation, implementation, and disbursement of public investment capital; promptly replace officials, civil servants, and employees with low capacity, sluggishness, causing obstacles, and hindrance; resolutely handle negative behaviors and corruption in public investment management.
The Ministry of Planning and Investment directs the State Treasury to promptly make payments for completed quantities, promote electronic government service payments of the State Treasury to save travel time and costs for investors, ensure transparency in the process of handling files at payment control agencies; direct functional units to ensure payment sources for projects; promptly handle obstacles in payment, finalization, negotiation, signing agreements, withdrawing funds from donors; urgently review and approve the annual state budget investment plan on Tabmis according to regulations.
Close and timely coordination with the Ministry of Planning and Investment in reviewing, summarizing, assigning, and adjusting the state budget investment plan for 2024; ensure compliance with the working regulations of the Government.
Program goal ministries (Ministry of Agriculture and Rural Development, Ministry of Labor – Invalids and Social Affairs, Committee for Ethnic Affairs) review difficulties, obstacles, proposals of ministries, sectors, localities in the process of allocating and disbursing capital of the 3 national target programs to coordinate with the Ministry of Planning and Investment, Ministry of Finance, and related agencies handle them according to regulations; report to authorities empowered to handle issues beyond authority.
Task Forces of the Prime Minister appointed by Decision No. 235/QD-TTg and working teams of Government members appointed by Decision No. 435/QD-TTg continue to improve their operational efficiency, proactively strengthen inspection, urge, promptly resolve difficulties, and obstacles, promote the disbursement of public investment capital in 2024.
The Office of the Government monitors, urges according to assigned functions, tasks, and authorities; reports to the Prime Minister on matters beyond authority.
