Ha Tinh disburses public investment capital higher than the national average rate.

In 2023, Ha Tinh disbursed more than VND 11,335 billion in public investment capital, reaching 133.6% of the plan assigned by the Prime Minister and 40.5% higher than the country's general disbursement rate.

Ha Tinh Provincial State Treasury supports settlement work in early 2024

The whole province disbursed more than 11,335 billion VND

In 2023, Ha Tinh ranked 9th out of 114 ministries, branches and localities nationwide in terms of public investment disbursement rate. As of January 31, 2024, the whole province disbursed more than VND 11,335 billion in public investment capital, reaching 133.6% of the plan assigned by the Prime Minister (the total public investment capital plan assigned according to the Prime Minister's decisions is more than VND 8,482 billion), reaching 92% of the local implementation plan (the total local public investment capital plan is more than VND 12,320 billion). With this result, Ha Tinh disbursed public investment capital higher than the 13-month disbursement rate of the whole country by 40.5% (the whole country in 13 months disbursed about 93.12% of the plan assigned by the Prime Minister).

To achieve the above results, right from the first months of 2023, the Provincial People's Committee has led and directed departments, branches, sectors and localities to take drastic actions to implement the 2023 public investment plan. Accordingly, the Provincial People's Committee requires units and localities to proactively handle and promptly remove obstacles and difficulties according to assigned functions and tasks; implement a mechanism for assigning tasks, assigning responsibilities, and coordinating clearly and specifically on authority and responsibility between agencies and units in completing project investment procedures.

Chairman of the Provincial People's Committee Vo Trong Hai and leaders of departments and branches inspected and urged the disbursement progress of a number of projects invested by the People's Committee of Ky Anh town, the People's Committee of Ky Anh district and the Management Board of Investment and Construction Projects in the Provincial Economic Zone.

Along with the timely issuance of directive documents, the Provincial People's Committee has organized many assessment meetings and established 3 working groups to promote the disbursement of public investment capital, headed by leaders of the Provincial People's Committee. The Provincial People's Committee leaders also organized inspections and worked with localities and units and directly directed the resolution of difficulties and obstacles in the process of implementing the plan; organized meetings, inspected and urged the progress of major and key projects in the area such as: the North-South Expressway project; the Ngan Truoi - Cam Trang Irrigation System project, phase 2; the left bank of La River embankment through Truong Son and Lien Minh communes (Duc Tho); the Ham Nghi extended road project (Ha Tinh city)...

Mr. Pham Chi Hieu - Deputy Director of Ha Tinh Department of Finance said: "Every month, we preside over and coordinate with the Department of Planning and Investment, the Provincial Treasury to synthesize disbursement reports and propose solutions to promote disbursement of public investment capital to send to the Provincial People's Committee and the Ministry of Finance. The Department also has documents urging units and localities to promote disbursement of public investment capital in 2023. Learning from experience from previous years, this year, site clearance work has been thoroughly implemented, project preparation work has been well implemented... which has significantly contributed to promoting disbursement progress".

Determined for the 2024 mission

Thach Ha is one of the units that has disbursed public investment capital well in 2023 with a rate of 99.92% as of January 31, 2024. At this time, Thach Ha district is drastically implementing solutions to disburse more than 392 billion VND of capital allocated by the Central and local governments in 2024.

Construction of the North-South Expressway project through Ha Tinh

Mr. Tran Quang Dong - Head of Finance - Planning Department of Thach Ha District People's Committee said: "From the first days of the year, the district leaders have focused on directing the site clearance work; grasping and promptly handling difficulties and obstacles; not letting projects wait for site clearance, especially large and key projects. Along with that, we also proactively reviewed and proposed competent authorities to transfer capital plans of projects with slow implementation and disbursement progress to projects with demand and good disbursement progress; requiring contractors to have a written commitment to the implementation progress for each project item; attaching the responsibility of heads of agencies and units to disbursement results".

Along with Thach Ha district, localities and units across the province are also focusing on implementing the disbursement of public investment capital under the direction of the Provincial People's Committee. In January 2024, the People's Committee of Ha Tinh province issued a document urging units and localities to allocate, enter estimates and focus on prioritizing the disbursement of the public investment capital plan from the State budget in 2024. Up to this point, Ha Tinh has been assigned a total state budget investment plan in 2024 of more than 4,110 billion VND; of which, the central budget capital is more than 1,511 billion VND, and the local budget balance capital is more than 2,599 billion VND.

In early January 2024, Ha Tinh City focused on constructing projects to disburse in 2023 to meet the assigned plan.

Mr. Nguyen Hong Lam - Head of the Expenditure Control Department, Ha Tinh State Treasury said: “The State Treasury will strictly control the expenditure of the State budget in accordance with the provisions of law; strengthen coordination with relevant units to promptly remove obstacles, speed up the disbursement of public investment capital; synthesize reports to competent authorities for consideration and removal; urge investors to carry out acceptance procedures, prepare payment records and send them to the State Treasury immediately, avoiding the accumulation of payment volume at the end of the year. In addition, the unit will also strengthen the management of advance capital and urge the recovery of overdue advances”.

2024 is identified as a year of acceleration and breakthrough, of special significance in successfully implementing the 5-year socio-economic development plan for the period 2021-2025. Therefore, the entire political system in the province will focus on and prioritize the disbursement of public investment capital to ensure the implementation of the local socio-economic growth target.

Phan Tram – Ngoc Loan

Source: https://baohatinh.vn/dau-tu/ha-tinh-giai-ngan-von-dau-tu-cong-cao-hon-ty-le-chung-ca-nuoc/261209.htm