Will monitor ministries and agencies returning capital just to improve disbursement rate

Việt NamViệt Nam20/09/2023

Deputy Prime Minister Tran Luu Quang, Head of Working Group No. 3, chaired a meeting to review the progress of public investment disbursement at 17 ministries and central agencies under the Working Group. Photo: VGP

According to the Report of the Ministry of Planning and Investment, the total investment capital plan for 2023 assigned by the National Assembly to 17 ministries and central agencies under the supervision of Working Group No. 3 is more than 711,684 billion VND, including nearly 43,000 billion VND. As of August 31, the disbursement rate of these 17 ministries and central agencies reached 44.12% of the plan assigned by the Prime Minister, higher than the national average of 42.35%. Of which, 4 ministries and central agencies disbursed higher than the national average, including: Ho Chi Minh Mausoleum Management Board (58.49%), Ministry of National Defense (50%), Ministry of Agriculture and Rural Development (48.2%) and Vietnam Farmers' Union (48.16%). Some remaining ministries and agencies have disbursement rates below 10% or have not disbursed.

Concluding the meeting, Deputy Prime Minister Tran Luu Quang highly appreciated the positive progress of ministries and agencies since the Working Group meeting in April 2023, as well as the ability to complete the disbursement task by the end of the year.

Regarding tasks for the last months of the year, the Deputy Prime Minister requested ministries and agencies to make more drastic efforts; make detailed plans to implement investment projects, clearly defining the responsibilities of the heads; select qualified consultants, especially for ministries and agencies without specialized investment agencies to avoid errors; strictly report monthly disbursement progress to the Ministry of Planning and Investment for synthesis and reporting to the Government.

The Deputy Prime Minister noted that for future public investment projects, ministries and agencies must thoroughly consider the conditions and disbursement capabilities, especially in terms of site clearance, compensation, planning, etc., to avoid the situation of including them in the plan but not being able to disburse for many years and having to return the capital. The Deputy Prime Minister emphasized that he will closely monitor the return of capital by ministries and agencies with the sole purpose of improving the disbursement rate of their ministries and agencies; if any ministry or agency does so, it will be considered as not having fulfilled its task. The Deputy Prime Minister requested that in the process of implementing public investment projects and works, if ministries and agencies encounter difficulties or problems, they should promptly report them to the Ministry of Planning and Investment for synthesis and other working groups to find solutions.


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