The report of the Ministry of Planning and Investment on the implementation of the public investment plan for 2023 and the expected plan for 2024 presented at the conference said that in the first 6 months of the year, the disbursement rate of the state budget capital investment plan had positive changes, reaching 30.49% of the plan assigned by the Prime Minister, higher than the same period in 2022 (27.75%) with an absolute number of more than 65 trillion VND. However, the pressure to disburse the state budget capital plan for 2023 is still very large, about 491 trillion VND.

Minister of Planning and Investment Nguyen Chi Dung chaired the conference.

To strive to achieve a disbursement rate of over 95% as directed by the Government and the Prime Minister, ministries, branches and localities need to focus and be more drastic in implementing solutions to promote disbursement of public investment capital.

Specifically, the Ministry of Planning and Investment pointed out that it is necessary to assign and adjust capital plans for tasks and projects that the Government reported to the National Assembly at the 5th Session immediately after the Prime Minister assigned the medium-term capital plan and the Socio-Economic Recovery and Development Program.

Adjust capital between tasks and projects of the Socio-Economic Recovery and Development Program with projects under the medium and long-term investment plan for the 2021-2025 period that have been allocated capital in the 2023 plan.

In case adjustment is not possible, a document must be sent to the Ministry of Planning and Investment to synthesize a report to the competent authority for adjustment to other ministries, branches and localities.

For the 2023 capital plan allocated to tasks and projects under the medium-term public investment plan, the 2023 capital plan will not be returned in accordance with the direction of the Prime Minister in Directive No. 08/CT-TTg dated March 23, 2023.

At the same time, focus on reviewing and recovering advanced capital, reviewing outstanding debts in basic construction of State budget capital according to regulations in resolutions of the National Assembly and instructions of the Ministry of Planning and Investment, and send them to the Ministry of Planning and Investment to report to the National Assembly at the 6th Session (October 2023).

According to the Ministry of Planning and Investment, in 2024, public investment will continue to be considered one of the important driving forces to promote socio-economic development, an important political task of all levels, sectors and localities.

Conference scene.

This is the year we accelerate progress to complete the medium-term public investment plan for the 2021-2025 period when most projects have completed investment procedures.

Along with that, we will start building a medium-term public investment plan for the 2026-2030 period and prepare investment for projects expected to be implemented in the following period.

In this context, ministries, branches and localities need to focus on carefully assessing the implementation of the 2023 public investment plan to determine the appropriate state budget capital needs in 2024, close to the disbursement capacity of each project.

The Ministry of Planning and Investment emphasized that ministries, branches and localities only propose capital plans for projects that are expected to complete investment procedures (investment decisions) by December 31, 2023. It is necessary to direct investors to proactively coordinate closely with relevant agencies and units to prepare the necessary procedures and conditions in 2023 so that capital can be disbursed immediately after being assigned the 2024 capital plan, avoiding the situation of "capital waiting for projects".

News and photos: VU DUNG

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