Prime Minister Nguyen Xuan Phuc speaks at the event (Photo: VNA)
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has requested that publicinvestment capital be fully disbursed this year, viewing this as a keypolitical task that requires the involvement of the entire political system.
During a teleconference with ministries, agencies, andlocalities on August 21, the second of its kind since the first on July 16, thePM said localities have been more aware of the need for the disbursement of publicinvestment capital, which has helped create jobs and propel growth.
Nearly 45 percent of all public investment capital is likelyto be disbursed by the end of August. Most ministries, agencies, and localitieshave pledged to disburse 95-100 percent, especially those with large amounts, suchas Hanoi, Ho Chi Minh City, and Hai Phong, as well as those with many national projects,such as Dong Nai province.
According to the Ministry of Planning and Investment,52 out of 53 ministries and centrally-run agencies and all of the country's 63 provinces and cities have outlined plans to allocate State budget capital this year.
Nearly 455.5 trillion VND (19.8 billion USD) from the State budget, or 95.4percent of the plan, has been earmarked for eligible projects.
Seven ministries and centrally-run agencies and 31provinces and cities have proposed increasing central budget allocations by over 13.5trillion VND.
Seven working delegations led by the PM and DeputyPrime Ministers and the ministers of finance and planning and investment have inspectedthe effort at ministries and localities to tackle difficulties.
The PM said a symposium on official development assistance (ODA) will be heldin the near future. The Ministry of Planning and Investment has been assignedto work closely with the Finance Ministry and the Government Office to preparefor the event.
If public investment capital is fully disbursed, theeconomy could grow by 1 percent. Therefore, leaders of 31 ministries and centrally-runagencies and 13 localities with disbursement of less than 35 percent and 15percent must learn from experience and disburse all capital this year, he said.
Secretaries of municipal and provincial Party Committees,Chairpersons of municipal and provincial People’s Committees, ministers, and heads of sectors are alsobe responsible for the effort.
PM Phuc agreed to establish a working group in charge ofdealing with difficulties in key projects.
The government leader also urged the speeding up of construcജtionof key national projects, such as Long Thanh International Airport, the easternsection of the North-South Expressway, and the My Thuan - Can Tho Expressway./.
