Deputy Prime Minister Mai Van Chinh inspects and urges disbursement of public investment capital at 9 ministries and central agencies.

Deputy Prime Minister Mai Van Chinh requested the 9 inspected units to complete the report, clearly stating the results of allocation and disbursement of public investment capital, clearly analyzing subjective and objective causes, proposing handling measures, and sending it to the Ministry of Finance for synthesis and reporting to the Prime Minister - Photo: VGP/Giang Thanh

Working Group No. 7, headed by Deputy Prime Minister Mai Van Chinh, inspected ministries and central agencies: Ministry of Culture, Sports and Tourism, Ministry of Ethnic Minorities and Religions, Ho Chi Minh National Academy of Politics, Vietnam General Confederation of Labor, Central Committee of Vietnam Women's Union, Central Committee of Ho Chi Minh Communist Youth Union, Vietnam News Agency, Voice of Vietnam, Vietnam Television.

Speaking at the meeting, Deputy Prime Minister Mai Van Chinh emphasized that 2025 plays a particularly important role in accelerating the finish line for the entire term and creating momentum for development in the coming time.

To achieve the growth target of 8% or more, public investment is an important solution. The Prime Minister has decided to establish 7 working groups. In today's meeting, Working Group No. 7 will review and evaluate the implementation status of units, thereby praising units that have done well, reviewing and evaluating difficulties and obstacles to propose solutions.

Presenting the summary report, the Ministry of Finance said that the total state budget investment plan for 2025 assigned by the Prime Minister to 9 ministries and central agencies under Working Group No. 7 is VND3,992 billion. As of February 28, 5/9 ministries and agencies have allocated all assigned capital plans; the total remaining unallocated capital is VND1,919 billion (accounting for 48.07%).

The reason is that the newly started project has not completed investment procedures, so it is not eligible for capital allocation; the project is waiting for adjustment and supplementation of the medium-term public investment plan...

Regarding the disbursement situation in the first two months of the year, the Ministry of Finance said that it is estimated that by February 28, the disbursement of units in Working Group No. 7 reached 2.32% of the assigned plan, lower than the national average. Of which, 1 central agency has a disbursement rate higher than the national average; 8 ministries and central agencies have disbursement rates below the national average (of which 6 ministries and central agencies have not yet disbursed the capital plan, 2 agencies have disbursed below the national average).

Also in the report, the Ministry of Finance made recommendations to ensure that the disbursement rate of public investment capital in 2025 reaches the target of over 95% of the plan assigned by the Prime Minister.

Speaking at the meeting, representatives of ministries and agencies reported on capital plans, capital allocation progress, and capital disbursement. In particular, the Ministry of Culture, Sports and Tourism and the Ministry of Ethnic Minorities and Religions clearly reported on difficulties, obstacles, causes, and proposed solutions for specific projects. The remaining units affirmed that they will continue to make efforts to implement disbursement according to the set targets.

Deputy Minister of Finance Tran Quoc Phuong speaks at the meeting - Photo: VGP/Giang Thanh

Concluding the meeting, Deputy Prime Minister Mai Van Chinh acknowledged the efforts of 5 ministries and central agencies in allocating and disbursing public investment capital for 2025 (all capital has been allocated and committed to completing disbursement within the year).

For the remaining 4 ministries and agencies that have not yet allocated all capital, the Deputy Prime Minister requested a report, clearly assessing the subjective and objective causes, advising and proposing solutions for the Ministry of Finance to synthesize and report to the Prime Minister for consideration and decision.

Giving opinions on disbursement and analyzing the causes, the Deputy Prime Minister noted that agencies and units need to be more proactive in investment preparation and approval work.

The Deputy Prime Minister requested to thoroughly grasp and fully implement the Prime Minister's directive on public investment; strengthen leadership and direction; ensure "5 clear", "3 yes, 2 no" in organization and implementation; strengthen inspection, supervision, promote discipline, order, commend and reward good things, remind and urge bad things, promptly remove difficulties and obstacles...

The Deputy Prime Minister also requested the Ministry of Ethnic Minorities and Religions to review its responsibilities, focus on close coordination with ministries, branches, and localities, and resolve any problems...

Regarding the tasks in the coming time, the Deputy Prime Minister requested the 9 inspected units to complete the report, clearly stating the results of allocation and disbursement, clearly analyzing subjective and objective causes, proposing appropriate handling measures, and send it to the Ministry of Finance for synthesis to report to the Prime Minister by the end of March.

Emphasizing that public investment is an important driving force for growth, the Deputy Prime Minister requested that ministries, branches and central agencies continue to make the highest efforts to contribute to the country's overall results - Photo: VGP/Giang Thanh

For units that have completed the allocation, they must regularly monitor and urge the progress, quality of the project, acceptance, and final payment. For the 7 units that have committed to completion, the Deputy Prime Minister emphasized that in addition to the progress factor, quality and efficiency must be ensured.

For equipment bidding packages, the Deputy Prime Minister noted that careful appraisal is needed to ensure advanced technology, long-term use, and efficiency.

The Deputy Prime Minister requested that members of the Working Group, according to the functions and tasks of their ministries and branches, proactively coordinate with agencies and units to promptly remove difficulties and obstacles.

Emphasizing that public investment is an important driving force for growth, the Deputy Prime Minister requested ministries, branches and central agencies to continue to make the highest efforts to contribute to the country's overall results.

Jiang Qing