On November 15, Deputy Prime Minister Ho Duc Phoc chaired a meeting of Working Group No. 4 and Working Group No. 7 to inspect, urge, remove difficulties and obstacles, and promote disbursement of public investment capital in 2024. Attending the meeting were representatives of 26 relevant ministries, branches, and localities.
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| Deputy Prime Minister Ho Duc Phoc chaired the meeting. |
According to a report from the Ministry of Planning and Investment, Task Force No. 4, comprising 10 ministries, central agencies and 11 localities, achieved a disbursement rate of 58.9% in the first 10 months of 2024. This rate is higher than the national average but there is still a large difference. There are 4 central agencies and 8 localities with disbursement rates higher than average, while the remaining 5 ministries and 3 localities disbursed below the average.
The situation in Working Group No. 7, which includes five provinces in the Central Highlands, is less optimistic. By October 31, 2024, the average disbursement rate of this group was only 48.36%, lower than the national average. Of which, three provinces, Dak Lak, Dak Nong and Gia Lai, have disbursement rates higher than average. However, Kon Tum (42.93%) and Lam Dong (38.37%) are lagging behind.
In addition to the achievements, the Ministry of Planning and Investment pointed out a series of difficulties. In terms of law, regulations related to bidding laws, fire prevention and fighting, conversion of rice and forest land, environmental impact assessment or traffic connection procedures are causing obstacles. Investment preparation work also encountered many difficulties, especially in the stages of site clearance, land procedures, and rearrangement of real estate facilities. In addition, unfavorable weather conditions with storms and landslides further complicated the progress of project implementation.
The Ministry of Finance said that the problems are not only the problems of Task Force No. 7 but also a common situation nationwide. To solve them, the Ministry requested localities to closely follow the Prime Minister's instructions in telegrams and directives on promoting the disbursement of public investment capital. The goal of achieving a disbursement rate of over 95% by the end of the year requires great efforts from all relevant parties.
In addition, the Ministry of Finance encourages localities to coordinate closely with central agencies to handle difficulties according to their authority. Contractors need to be urged to complete their documents and accelerate the work of clearing and settling capital in the last months of the year.
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| Deputy Prime Minister Ho Duc Phoc: Promoting public investment disbursement aims to use resources most effectively, to meet the needs of developing a prosperous and thriving national economy. Photo: VGP |
Concluding the meeting, Deputy Prime Minister Ho Duc Phoc stated: Promoting public investment disbursement aims to use resources most effectively, to meet the needs of developing a prosperous and thriving national economy.
To resolve legal problems, the Government has submitted to the National Assembly for consideration and promulgation a law amending four laws related to public investment with new and progressive regulations, aiming to promote decentralization and delegation of authority in implementing public investment projects in the spirit of "locality decides, locality does, locality is responsible".
Accordingly, after the investment capital is submitted by ministries, branches and localities, the list will be handed over to the locality for decision; the locality can adjust from one project to another, without having to submit it to the higher level, as long as it does not exceed the total capital allocated to the locality. The target program capital will also be renewed in that direction. Thus, it will not take much time, the project will be completed soon and will be effective.
Deputy Prime Minister Ho Duc Phoc noted that with the promotion of decentralization and delegation of authority, if projects are left unfinished, there will be many consequences. For example, if the contractor is not capable and cannot pay the volume, it will affect the progress and quality of the project. With projects related to technology, if the time is prolonged, the technology will become outdated and not meet the requirements.
In particular, with infrastructure investment projects such as highway development, if we pursue quantity without strict management of quality, resulting in subsidence, cracks, damage, etc., the consequences will be very serious. Therefore, when investing, localities must have a long-term vision, "do it quickly, do it strongly, do it firmly, ensure the quality of the project, avoid waste".
Deputy Prime Minister Ho Duc Phoc requested mountainous provinces to calculate and rebalance their budget collection capacity, especially the budget collection from land sources, on that basis, have solutions to ensure investment capital for projects, report to competent authorities to promptly handle problems, avoid unfinished construction due to lack of capital,...
The Deputy Prime Minister also noted that there are only 45 days left until the end of 2024. To disburse 95% of the capital as committed, great efforts must be made, working day and night, procedures must be timely, strictly ensured, and no loss will occur.
Deputy Prime Minister Ho Duc Phoc requested ministries and branches, based on their assigned functions and tasks, to promptly handle recommendations and remove obstacles for localities. Focus on completing the volume of projects before December 31, 2024 for final settlement.
The Deputy Prime Minister assigned the Ministry of Planning and Investment to consider the provinces' proposals on adjusting the total investment, investment procedures, and transferring resources; and to advise on arranging additional capital for projects to complete the progress, put the works into operation, use, and promote efficiency.
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The Ministry of Natural Resources and Environment handles issues related to ensuring construction material sources, land price lists, and site clearance. The Ministry of Construction guides provinces in calculating material prices, and adds new regulations on norms...
Source: https://thoibaonganhang.vn/de-giai-ngan-von-dau-tu-cong-nam-2024-dat-95-phai-no-luc-rat-lon-157853.html
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