Deputy PM Le Minh Khai orders tightening discipline in public capital disbursement
On April 13, Deputy Prime Minister Le Minh Khai ordered tightening discipline in the disbursement of public investment capital, stating that it is the responsibility of heads of ministries and agencies.
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| Deputy Prime Minister Le Minh Khai orders tightening discipline in public capital disbursement. (Photo: VNA) |
Chairing a Hanoi meeting of the working group in charge of inspecting, solving difficulties to accelerate public capital disbursement, Deputy Prime Minister Khai, who is also the Head of working group, said the current disbursement progress is very slow.
Ministries and agencies must identify where the obstacles lie, which procedures are causing delay and which projects are behind schedule, and propose solutions to fix them, he said.
According to the Ministry of Planning and Investment (MPI), the Prime Minister has allocated over 38.3 trillion VND (1.66 billion USD) to 17 ministries and centrally-run agencies to perform 22 tasks and launch 80 projects, including 34 transferred and 46 new ones this year. So far, they have allocated more than 34.9 trillion VND to tasks and projects, or 91.2% of the plan assigned by the Prime Minister.
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| Deputy Prime Minister Le Minh Khai orders tightening discipline in public capital disbursement: At the meeting. (Photo: VNA) |
However, the disbursement rate only met 0.04% of the Prime Minister’s plan, much lower than the national average of 10.35%. Up to 13 ministries and centrally-run agencies have yet to disburse while the remainder’s disbursement was below 2% of the assigned plan by the Prime Minister.
The State Bank of Vietnam was assigned to direct disbursement as much as possible in support of businesses and residents.
The Deputy Prime Minister urged ministries and agencies to work closely with localities to tackle difficulties in policies, site clearance and create favourable conditions for project implementation and payment.
(Source: VNA)
