Assigning additional 30,683,441 billion VND to the medium-term public investment plan for the 2021 period

Accordingly, Deputy Prime Minister Le Minh Khai signed Decision No. 117/QD-TTg on assigning additional allocations to the medium-term public investment plan of central budget capital for the 2021-2025 period from the general reserve fund corresponding to the increased central budget revenue in 2022.

Specifically, the Deputy Prime Minister assigned to supplement 30,683,441 billion VND of the medium-term public investment plan of the central budget for the period 2021 - 2025 from the general reserve source for ministries, central agencies and People's Committees of provinces and centrally run cities (ministries, central agencies and localities) in the Appendices attached to Decision No. 117/QD-TTg.

At the same time, the Deputy Prime Minister assigned the list of projects and the central budget capital allocated for each project that has completed investment procedures, reported to the National Assembly at the 5th extraordinary session of the 15th National Assembly for each project of ministries, central agencies and localities in the Appendix attached to Decision No. 117/QD-TTg.

Additional allocation of 30683441 billion dong for the medium-term public investment plan for the period 2021-2025, picture 1 — Illustration

Regarding the implementation of the medium-term public investment plan with central budget capital for the period 2021 - 2025, the Deputy Prime Minister requested ministries, central agencies and localities to base on the medium-term public investment plan with central budget capital for the period 2021 - 2025, the list of projects and the central budget capital level in the medium-term public investment plan for the period 2021 - 2025 assigned to notify or decide to assign the medium-term public investment plan for the period 2021 - 2025 to agencies and units using public investment capital, detailed list of projects and the central budget capital level allocated for each project according to regulations; use local budget capital, mobilize other capital sources to invest in completing projects on schedule, ensuring quality.

Urgently complete investment procedures, ensure sufficient conditions for arranging annual capital plans as prescribed in Article 53 of the Law on Public Investment; propose a capital plan for 2024 to implement the project, send it to the Ministry of Planning and Investment and the Ministry of Finance before February 28, 2024 for synthesis and reporting to the Prime Minister before reporting to competent authorities as prescribed in Resolution No. 112/2024/QH15 of the National Assembly.

Ministries, central agencies and localities are responsible to the Prime Minister, inspection, examination and auditing agencies and relevant agencies for the accuracy of the contents, reported data, project lists and capital allocation for each project to ensure compliance with legal regulations.

The Deputy Prime Minister also assigned the Ministries of Planning and Investment and Finance, based on their assigned functions and tasks on state management of public investment, to be responsible to the Prime Minister, inspection, examination and auditing agencies and relevant agencies for the accuracy of the contents and data reported and to supervise the implementation of this Decision to ensure compliance with the provisions of law.

According to regulations, report on the notification or decision to assign the medium-term public investment plan using central budget capital for the period 2021 - 2025 to agencies and units using public investment capital to the Ministry of Planning and Investment and the Ministry of Finance before February 10, 2024.

Along with that, the implementation and disbursement time of the medium-term public investment plan for the period 2021 - 2025 shall comply with the provisions of the Law on Public Investment, Decree No. 40/2020/ND-CP dated April 6, 2020 of the Government detailing the implementation of a number of articles of the Law on Public Investment, Resolution of the Government and direction of the Prime Minister.

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