Review projects with low disbursement rates

The Northern Belt Road Project in Quang Nam was publicly announced by the Ministry of Finance as a project with a disbursement rate of 0%.

On May 16, 2024, the Provincial People's Committee requested departments, branches, associations, unions, People's Committees of districts, towns and cities to speed up the disbursement of public investment capital, including the list of projects with a 0% disbursement rate mentioned above.

The official dispatch of the Provincial People's Committee clearly stated that departments, branches, sectors, People's Committees of districts, towns, cities, and investors are responsible for urgently and seriously implementing solutions to promote the disbursement of public investment capital from all sources of capital (central budget, local budget and other sources of capital). Review and accelerate the progress of project implementation, control and payment of public investment capital, speed up procedures for disbursement of public investment capital for projects that have not been disbursed and have low disbursement rates. Make advances, recover advances, accept and pay investment capital in accordance with regulations and as soon as there is volume, avoiding loss and waste of allocated state budget capital.

The Department of Planning and Investment is responsible for presiding over and coordinating with the Department of Finance and related units to urge the People's Committees of Hoi An City, Dien Ban Town and Thang Binh District to speed up the disbursement of projects with a disbursement rate of 0% (which have been included in the announced list by the Ministry of Finance). Advise competent authorities to transfer capital between projects that are unable to disburse or are slow to disburse to projects with better disbursement capacity and need additional capital.

The Department of Finance is responsible for accelerating the implementation of procedures for examining and approving (or submitting to competent authorities for approval) the settlement of completed projects and monitoring, urging, and guiding units and localities to carry out procedures for settling completed projects according to regulations.

Quang Nam State Treasury reviews and reports to the Provincial People's Committee the list of projects using provincial and central budget capital with disbursement rates of 0% and below the provincial average for the Provincial People's Committee to monitor and direct handling.

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