Prime Minister urges to promote allocation and disbursement of public investment capital in 2025

Việt NamViệt Nam19/02/2025

Prime Minister Pham Minh Chinh has just signed and issued Official Dispatch No. 16/CD-TTg urging ministries, branches and localities to promote the allocation and disbursement of public investment capital in 2025.

Public investment plays an important role in promoting economic growth. (Photo: VGP)

The telegram sent to Ministers, Heads of ministerial-level agencies, Government agencies, Heads of other central agencies; Chairmen of People's Committees of provinces and centrally-run cities clearly states:

Since the beginning of 2025, the Government and the Prime Minister have issued many documents strongly directing the allocation and public investment disbursement 2025. However, the detailed allocation results of the 2025 public investment capital plan by January 31, 2025 only reached 96.07% of the plan assigned by the Prime Minister; disbursement is estimated at 1.26% of the plan assigned by the Prime Minister (the same period in 2024 was 2.58%). The amount of capital that has not been allocated in detail is still quite large (about VND 84,840.5 billion) of 26 ministries, central agencies and 48 localities.

The Prime Minister severely criticized 26 ministries, central agencies and 48 localities for not allocating in detail the public investment capital plan from the state budget for 2025 that had been assigned by the end of January 2025; requested the above ministries, central agencies and localities to seriously review individual and collective responsibilities for handling according to Party regulations and State laws.

The results of public investment disbursement are of special importance, contributing to promoting growth, stabilizing the macro-economy, ensuring major balances of the economy, creating jobs and livelihoods for people, successfully implementing the 2025 socio-economic development plan assigned by the Central Government and the National Assembly, especially the target of economic growth 8% or more.

In order to strive to achieve the highest disbursement target of public investment capital in 2025 (over 95%) as assigned by the Prime Minister, the Prime Minister requests Ministers, Heads of ministerial-level agencies, Government agencies, other central agencies, Chairmen of People's Committees of provinces and centrally run cities to promote responsibility, focus on leadership, direction, and implementation more drastically, promptly, and effectively the tasks and solutions to promote the allocation and disbursement of public investment capital in 2025 as set out in Resolutions No. 01/NQ-CP dated January 8, 2025; No. 27/NQ-CP dated February 7, 2025 of the Government, the direction of the Prime Minister in Decision No. 1508/QD-TTg dated December 4, 2024, Official Dispatch No. 02/CD-TTg dated January 15, 2025, Directive No. 03/CT-TTg dated February 4, 2025 and relevant directive documents of the Government and the Prime Minister, focusing on implementing the following key tasks and solutions:

Central and local ministries and agencies

Thoroughly grasping and clearly defining the task of promoting the allocation and disbursement of the 2025 public investment capital plan is one of the top key political tasks that need to be prioritized for leadership, direction and implementation at all levels and sectors. Ministers, heads of ministerial-level agencies, government agencies, other central agencies, and Chairmen of People's Committees of provinces and centrally run cities are fully responsible to the Government and the Prime Minister for the results of the allocation and disbursement of public investment capital in 2025; resolutely not allowing the situation of capital waiting for projects, having capital but not being able to disburse it.

The heads of ministries, central agencies and localities must promote responsibility, closely monitor, be specific, grasp the situation, clearly identify difficulties, obstacles and causes of slow allocation and disbursement of each specific project to directly direct timely solutions; strengthen close coordination between agencies and units under their management and with relevant ministries and agencies to remove difficulties and obstacles in the process of project implementation and disbursement of public investment capital.

Urgently allocate the entire state budget capital investment plan for 2025 in detail in the first quarter of 2025 in accordance with regulations, without further delay. If it is not completed by the end of the first quarter of 2025, the Government will withdraw it to allocate to other projects that need capital to complete; the detailed allocation of the capital plan must ensure focus, key points, not spread out or fragmented, consistent with the implementation and disbursement capacity and in accordance with legal regulations on public investment. Urgently propose a solution to handle the remaining central budget capital plan for 2025 that has not been allocated in detail in the first quarter of 2025, send it to the Ministry of Finance and update it on the national information system on public investment in accordance with regulations.

Focus on implementing flexible, creative, timely and effective measures and solutions to drastically promote the implementation and disbursement of public investment capital, the three National Target Programs; speed up the progress of implementing key and important national projects and works, highways, inter-regional projects with spillover effects... Accelerating the progress of public investment disbursement must be associated with ensuring the quality of works and projects, avoiding negativity, loss, waste and group interests.

Develop a detailed disbursement plan for each project and strictly follow the disbursement plan for each month and quarter. Focus on accelerating the progress of site clearance, construction progress, removing difficulties and obstacles related to land and resources... Strengthen inspection and supervision at the site, urge contractors and consultants to speed up progress; proactively review and transfer capital according to authority between slow-disbursement projects to projects with better disbursement capacity and lacking capital according to regulations in the first quarter of 2025; assign specific leaders responsible for monitoring the implementation progress; closely follow and promptly remove difficulties in a substantive and effective manner according to authority and be responsible for the disbursement results of each project; continue to promote and improve the effectiveness of the Special Working Group on Public Investment Disbursement headed by the Chairman of the Provincial People's Committee.

Strengthen discipline, order, strictly handle according to regulations investors, project management boards, organizations and individuals who intentionally delay the progress of allocation and disbursement of public investment capital; promptly replace cadres, civil servants and public employees who are weak in capacity, slow, causing harassment and trouble; resolutely handle negative and corrupt behaviors in public investment management.

Ministry of Finance

Preside over and coordinate with relevant ministries, agencies and localities to synthesize and report to the Prime Minister in February 2025 on the allocation of the 2025 state budget investment plan of ministries, central agencies and localities, and propose a solution for the remaining capital that has not been allocated in detail.

Preside over and coordinate with relevant ministries, agencies and localities to synthesize proposals to extend the implementation time and disbursement of the central budget investment plan in 2024 to 2025 of ministries, central agencies and localities, and report to the Prime Minister before March 15, 2025 in accordance with the direction in Resolution No. 27/NQ-CP dated February 7, 2025 of the Government.

Preside over and closely monitor the disbursement progress of ministries, central and local agencies, promptly report to the Prime Minister every month to issue flexible, drastic and effective management solutions, close to the practical situation to complete the target of disbursing public investment capital in 2025. Coordinate with VTV, VOV, Vietnam News Agency, Government Electronic Information Portal to publicly announce on the Government Electronic Information Portal, the Ministry's Electronic Information Portal and on mass media the monthly disbursement results of ministries, central and local agencies; propose to the Government and the Prime Minister to commend and reward ministries, agencies and localities with good disbursement, criticize and review the responsibilities of ministries, agencies and localities with slow disbursement at regular monthly Government meetings.

Continue to review legal regulations related to public investment to consider amending and supplementing according to authority or report and propose to competent authorities to amend and supplement to promote the allocation and disbursement of public investment projects and ensure effective use of capital. Urgently collect comments from Government members, complete the draft Decree detailing a number of articles of the Law on Public Investment, submit to the Prime Minister for promulgation before February 22, 2025.

Urgently submit to the Prime Minister the reorganization of the Prime Minister's Working Groups to inspect, urge, remove difficulties and obstacles, and promote disbursement of public investment capital according to Decision No. 1006/QD-TTg dated September 19, 2024 of the Prime Minister before February 25, 2025, in which two Deputy Prime Ministers (Deputy Prime Minister Mai Van Chinh and Deputy Prime Minister Nguyen Chi Dung) are added as Heads of the two Working Groups.

Direct the State Treasury to promptly make payments for completed volumes, promote payments via the State Treasury's online public services to save time and travel expenses for investors, and make the process of handling documents at the payment control agency transparent; direct functional units to ensure payment sources for projects; promptly handle problems related to payment, settlement, negotiation, signing of agreements, and withdrawal of capital from sponsors; promptly review and approve annual state budget public investment plan capital on Tabmis in accordance with regulations.

Ministries and agencies in charge of national target programs Review difficulties, obstacles and recommendations of ministries, branches and localities in the process of allocating and disbursing capital of the three National Target Programs to coordinate with the Ministry of Finance and relevant agencies to handle according to regulations; promptly report to competent authorities on matters beyond their authority.

Prime Minister's Working Groups Inspect, urge, remove difficulties and obstacles, promote disbursement of public investment capital at ministries, agencies, localities and working delegations of Government members working with localities on the situation of production and business, construction investment, import and export to continue to improve operational efficiency, proactively strengthen inspection, urge, work to promptly remove difficulties and obstacles, promote disbursement of public investment.

Government Office Monitor and urge according to assigned functions, tasks and authorities; report to the Prime Minister on issues beyond authority.


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