Clearly defining that public investment disbursement is the top political task, based on the resolutions of the National Assembly, in the past time, the Government has issued 11 resolutions, the Prime Minister has issued 3 directives and 5 telegrams to urge the settlement of public investment capital in order to provide solutions to guide the handling and removal of obstacles and difficulties in a timely and effective manner to accelerate the progress of public investment disbursement. Thanks to that, the disbursement of public investment capital in 2024 has achieved very remarkable results.
As of December 31, 2024, the total disbursed capital of 9 important national projects in the transport sector was VND 70,743.08 billion, reaching 72.9% of the assigned plan for 2024 (VND 96,991.66 billion). The promotion of public investment disbursement has contributed to the commencement of new construction and accelerated progress of many key national transport infrastructure projects and works to complete these projects and put them into use.
However, in addition to the achieved results, the fact that 30/46 ministries, central agencies, and 26/63 localities still have an estimated disbursement rate lower than the national average, and some agencies have not yet disbursed, once again shows that the implementation of the law on public investment is not really effective.
The delay in disbursing public investment capital causes a waste of national resources. When public investment capital is not disbursed in a timely manner, it also means that we are losing the opportunity to invest in development. It is worth mentioning that the paradox occurs while our budget is still limited, the delay in disbursement has caused some areas such as health, education, and social security to suffer because "there is money but cannot spend it".
There are many reasons for this situation. The Government believes that the main problem affecting the disbursement progress is that many ministries, branches and localities have not yet allocated detailed information to projects on time, so disbursement is not possible. In addition, there are problems with site clearance, land use planning and material supply, and problems in completing investment procedures and disbursement processes of ODA projects. Meanwhile, for local budgets, difficulties related to land use revenue due to not being guaranteed compared to the estimates assigned by competent authorities, leading to delays in allocating land use revenue, affecting the implementation and disbursement of projects using this capital source.
These causes are not unfamiliar whenever we mention the difficulties and obstacles in disbursing public investment capital. However, the question is, why, under the same mechanism, policies and legal regulations, there are still ministries, branches and localities that disburse at a high rate, while some ministries, branches, localities and agencies have low disbursement rates, and some agencies even have disbursement rates of 0%? Is it really due to objective reasons, or is there still a situation where leaders are not really determined in carrying out this task?
In order to avoid wasting public investment capital, it is necessary to accelerate the disbursement progress to the finish line ahead of schedule or on time. To do so, it is necessary to continue to remove institutional and legal obstacles on public investment. Accordingly, review and amend regulations related to the establishment, appraisal and approval of projects and public investment plans to reduce unnecessary administrative procedures. Simplify the process and shorten the processing time for procedures such as bidding, site clearance, and construction licensing. At the same time, allocate capital based on careful consideration of the project, avoiding scattered investment.
In particular, it is necessary to strengthen the inspection and supervision of project implementation progress. Clearly promote the role of the heads of ministries, branches, localities and agencies before the Government and the Prime Minister on disbursement results, considering this as one of the criteria for completing the tasks of the head. In particular, it is necessary to strictly handle the responsibilities of organizations and individuals who intentionally delay the disbursement of public investment capital, because there is no reason why one place does well, while another just sits and complains about difficulties when disbursing public investment capital.
Source: https://daibieunhandan.vn/de-su-dung-hieu-qua-nguon-von-dau-tu-cong-post411240.html
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