(MPI) – Prime minister Goverment Pham Minh Chinh has just signed Official Dispatch No. 104/CD-TTg dated October 8, 2024 urging the acceleration of disbursement of public investment capital in the last months of 2024, clearly stating key tasks and solutions to contribute to promoting growth, stabilizing the macro economy, ensuring major balances of the economy, and implementing socio-economic development goals approved by the Party Central Committee and the Government. Congress In order to achieve this, all levels and sectors need to resolutely direct and remove difficulties and obstacles to further promote the disbursement of public investment capital, striving to disburse public investment capital in 2024 to reach over 95% of the plan.
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| Illustration. Source: MPI |
Strive to disburse public investment capital in 2024 to reach over 95% of the plan
The dispatch stated that, in the past time, under the leadership of the Party, the accompaniment of the National Assembly, the drastic and close direction of the Government and the Prime Minister, together with the efforts and determination of all levels, sectors and the entire political system, the economy continued to affirm its clear recovery, with outstanding results in the third quarter and the first 9 months of 2024, in which GDP growth in the third quarter was estimated at 7,4% over the same period, in the first 9 months, GDP growth reached 6,82%; the macro economy was basically stable, inflation was controlled, major balances were ensured; budget deficit, public debt, government debt, foreign debt were within the allowable limit; total social investment capital recovered each quarter, the third quarter increased by 7,0% over the same period, and the first 9 months increased by 6,8%.
The Prime Minister acknowledged, commended and highly appreciated the ministries, central agencies and localities for their efforts in directing, operating, organizing and implementing, achieving many results, contributing to the overall achievements of the whole country in the first 9 months of the year; in which the City Ha Noi and City Ho Chi Minh With its important role and position, the economic locomotive of the whole country has shown positive and clear changes in the socio-economic development of the locality with indicators of state budget revenue, industrial production index, total social investment capital and many other indicators all increasing quite high compared to the same period.
In addition to the positive results mentioned above, the disbursement rate of public investment capital in the first 09 months of the year nationwide is estimated at 47,29% of the plan assigned by the Prime Minister, lower than the same period in 2023 (51,38%), not meeting expectations.
The Prime Minister commended 13 ministries, central agencies and 40 localities for their efforts to achieve a disbursement rate of public investment capital plans in the first 9 months of 2024 above the national average; at the same time, criticized 31 ministries, central agencies and 23 localities for having a disbursement rate of public investment capital plans in the first 9 months of the year below the national average.
In order to contribute to promoting growth, stabilizing the macro-economy, ensuring major balances of the economy, and implementing socio-economic development goals assigned by the Party Central Committee and the National Assembly, all levels and sectors need to resolutely direct and remove difficulties and obstacles to further promote the disbursement of public investment capital, striving to disburse public investment capital in 2024 to reach over 95% of the plan assigned by the Prime Minister; The Prime Minister requested the Ministers, Heads of ministerial-level agencies, Government agencies, Heads of other central agencies, Chairmen of People's Committees of provinces and centrally run cities and requested the Secretaries of Provincial Party Committees, City Party Committees, Chairmen of People's Councils, Heads of National Assembly Delegations of provinces and centrally run cities to continue to uphold their responsibilities, focus on leading, directing, and implementing resolutely, synchronously, promptly, and effectively the key tasks and solutions.
Fully understand the role and significance of public investment in socio-economic development
The Prime Minister requested ministries, central and local agencies, according to their assigned functions, tasks and authorities: Fully understand the role and significance of public investment for socio-economic development, identify public investment disbursement as one of the top important political tasks of all levels and sectors, contributing to promoting economic growth, creating new development space, reducing logistics costs, creating jobs and livelihoods for people.
Closely following the guiding viewpoints of the Government and the Prime Minister, especially Directive No. 26/CT-TTg dated August 8, 2024 of the Prime Minister, in which resolutely directing, operating, and implementing "5 determinations", "5 guarantees" in organization and implementation, with the motto "overcoming the sun, winning the rain, not losing to the wind and storm", "eating quickly, sleeping urgently", "working in 3 shifts, 4 shifts", "working on holidays, Tet holidays", "only discussing work, not discussing back" to perfect institutions and policies, strengthen discipline, order, promptly remove bottlenecks and obstacles in organization and implementation, and promote disbursement of public investment capital in 2024.
It is recommended that Party committees and authorities at all levels must have high determination, make great efforts, take drastic, specific and effective actions; clearly assign tasks, tasks, responsibilities, progress and results; focus on urging, inspecting and supervising; proactively and promptly handle difficulties and problems within their authority or report to competent authorities for handling according to regulations.
Do a good job of overcoming the consequences of Storm No. 3 (Yagi), quickly stabilize human resources, materials, machinery, and urgently restore construction of works and public investment projects in areas affected by storms and floods. At the same time, closely follow the situation and weather developments, develop and effectively implement natural disaster prevention plans, proactively develop and organize appropriate construction solutions, adjust the critical path of project progress, and ensure progress has been approved by competent authorities.
Further speed up site clearance work, prioritize allocating sufficient funds to carry out compensation and site clearance for areas with sufficient conditions; increase human and material resources, carry out well the work of propaganda, mobilization, inventory and speed up the construction of resettlement areas, and promptly hand over the site for construction.
Continue to focus on seriously implementing the directions of the Government leaders on removing difficulties related to licensing of mines and exploitation of stone, sand and soil materials; implement measures to control prices and quality of raw materials serving public investment projects to ensure speed, efficiency and compliance with legal regulations.
Reduce at least 30% of the time spent on administrative procedures related to disbursement of public investment capital.
Speed up progress, reduce at least 30% of the time for administrative procedures related to disbursement of public investment capital, promote payment and settlement of public investment capital, do not let the volume that has been implemented but not paid remain, do not let payment be delayed until the end of the year.
The special working group on public investment disbursement is headed by the Chairman of the Provincial People's Committee. Assign leaders to monitor, increase the frequency of inspection, supervision, and specifically evaluate the results of work implementation each week, closely follow the progress of project implementation and the progress of handling related procedures at the Central and local ministries, branches as well as at affiliated units to immediately rectify existing problems and inadequacies, resolve difficulties and obstacles, and speed up the progress of implementation and disbursement of public investment capital.
Proactively review and evaluate the disbursement capacity of each project, synthesize the additional capital needs of the projects and have plans to adjust the capital plan from slow-disbursement projects to projects with disbursement capacity within the ministries, central agencies and localities according to regulations.
Tighten discipline and order in disbursing public investment capital; promptly commend and reward organizations, individuals and units that achieve good results in disbursing public investment capital; resolutely and strictly handle investors, project management boards, organizations and individuals who intentionally cause difficulties, obstructions, lack of responsibility, delay the progress of capital allocation, capital adjustment, project implementation and public investment capital disbursement. Timely replace cadres, civil servants and public employees who are weak in capacity, slow, cause harassment and negativity.
Improve the quality of project investment preparation, closely follow the processing process of specialized agencies to promptly explain and complete documents according to regulations, thoroughly overcome the situation of "capital waiting for projects", prepare the best conditions to implement the 2025 public investment plan.
Hanoi and Ho Chi Minh City continue to promote more strongly their endogenous strength, role and position as economic locomotives of the whole country, focus on directing, leading, implementing more drastic, timely and effective solutions to boost the disbursement of assigned public investment capital in 2024, promote traditional growth drivers, exploit new growth drivers; synchronously and effectively implement the Law on the Capital, Resolution 98/2023/QH15 of the National Assembly, create new breakthroughs, strong shifts for the socio-economic development of the two cities, contributing more to the overall development of the whole country.
Strengthen inspection, supervision, remove difficulties and obstacles, promote disbursement of public investment capital
The Prime Minister requested the Heads of the Prime Minister's Working Groups and Government Members to strengthen inspection, supervision, and removal of difficulties and obstacles, and promote disbursement of public investment capital of the 07 Prime Minister's Working Groups established under Decision No. 1006/QD-TTg dated September 19, 2024; maintain the quarterly regime of Government Members working with Ministries, agencies, and localities to inspect, supervise, and remove difficulties and obstacles in disbursement of public investment capital according to Decision No. 435/QD-TTg dated April 24, 2023 and Decision No. 967/QD-TTg dated September 12, 2024.
Improve the quality of reporting at meetings, working sessions, inspections and supervisions of the Working Group and Government Members. The content of the report must be carefully reviewed, fully summarized, detailed in causes and difficulties, ensuring clarity and substance; clearly indicating specific difficulties in which projects and stages, proposing specific solutions and deciding authorities, so that the Head of the Working Group and Government Members can promptly consider and handle them according to regulations.
Prime Minister assigned Ministry of Planning and Investment preside over and coordinate with relevant agencies to coordinate with The financial Closely monitor the progress of public investment disbursement of ministries, central and local agencies; promptly report to the Government and Prime Minister every month to issue flexible, timely, effective management solutions, close to the practical situation to complete the target of public investment disbursement in 2024.
At the same time, proactively report and explain to the National Assembly and its agencies on contents related to the amended Law on Public Investment; Law amending and supplementing a number of articles of: the Law on Planning, the Law on Investment, the Law on Investment under the public-private partnership model and the Law on Bidding; Public investment plan for 2025; Adjusting the central budget investment plan for 2024 between ministries, central agencies and localities according to regulations, ensuring quality and progress as required. Report on the assessment of the results of the pilot implementation of separating site clearance projects from investment projects to report to the National Assembly Standing Committee and the National Assembly for implementation nationwide.
Guide and handle difficulties of ministries, central and local agencies in implementing the Law on Bidding, Law on Investment under the public-private partnership method, and Law on Planning.
The Prime Minister also assigned the Ministry of Planning and Investment to preside over monitoring and urging ministries, central and local agencies to implement this Official Dispatch; promptly report and propose to competent authorities on issues arising beyond their authority./.
Sources: https://www.mpi.gov.vn/portal/Pages/2024-10-9/Cong-dien-cua-Thu-tuong-Chinh-phu-ve-don-doc-day-mctgx52.aspx
