Minister of Planning and Investment Nguyen Chi Dung has just reported to explain the opinions of National Assembly deputies discussing in groups on the implementation of the 2024 socio-economic development plan under the agenda of the 8th session of the 15th National Assembly. Discussing in groups, National Assembly deputies raised the issue of disbursement of public investment capital in the first 9 months of 2024 not reaching 50% of the plan assigned by the Prime Minister. The deputies requested to clarify the causes and solutions to achieve the target of disbursement of public investment capital in 2024. According to Minister Nguyen Chi Dung, the reason for disbursement of public investment capital not reaching 50% of the plan is due to the specific nature of the low disbursement rate in the first months of the year, with a strong increase in the last months of the year. In addition, procedures for disbursement of public investment capital are often concentrated at the end of the budget year.

Minister of Planning and Investment Nguyen Chi Dung. Photo: QH

In the report, the Minister of Planning and Investment pointed out difficulties and obstacles in completing project investment procedures. Specifically, the approval of investment policies and investment decisions for some projects were not suitable, leading to multiple adjustments, problems with site clearance, and the limited capacity of some investors and contractors, slowing down the progress of implementation and disbursement of project capital. The Minister also pointed out difficulties in local budget revenue sources to ensure development investment expenditures. Accordingly, the local budget capital investment plan assigned in 2024 is 432.3 trillion VND, about 89 trillion VND higher than the plan for 2023. The additional assigned local budget capital mainly comes from land use revenue and lottery revenue. However, due to many fluctuations in the real estate market, the plan to organize auctions and collect land use fees has not been implemented, leading to a revenue shortfall, so there is no capital source to allocate for public investment projects. In addition, according to the Ministry of Planning and Investment, there is still a situation where officials, civil servants and public employees show signs of avoiding and pushing work, fear of making mistakes and being afraid of responsibility, not daring to advise and propose work handling; not fully performing their functions and powers in performing public duties, causing congestion in the organization, implementation and disbursement of public investment capital... To promote the disbursement of public investment capital in the last months of the year, the Ministry of Planning and Investment recommends that relevant units need to individualize responsibilities along with strengthening inspection and supervision. At the same time, there are strict sanctions according to legal regulations for investors, project management boards, organizations and individuals who intentionally cause difficulties, obstruct and slow down the progress of capital allocation, implementation and disbursement of public investment capital. The Ministry of Planning and Investment also requested relevant units to promptly replace cadres, civil servants and public employees who are weak in capacity, afraid of mistakes, afraid of responsibility, shirking, avoiding when performing official duties, delaying, causing harassment and trouble, and resolutely handling negative and corrupt behaviors in public investment management. Units need to be resolute and proactive in handling and removing obstacles and difficulties in a timely and effective manner according to their assigned functions and tasks; make detailed disbursement plans for each project and strictly comply with the disbursement plans for each month and quarter. Localities need to focus on removing difficulties related to mining licensing and exploitation of raw materials for projects. Strictly handle the situation of creating artificial scarcity, collusion between mine owners to raise prices, affecting the construction of projects. Conduct inspections, checks and strictly handle the situation of assigning mines to the wrong subjects, leading to buying and selling activities and increasing material prices.

Vietnamnet.vn

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