Seven localities with disbursement rates higher than the national average were Phu Tho (46.71%), Thanh Hoa (39.02%), Ha Tinh (29.43%), Nghe An (22.56%), Quang Binh (19.23%), Bac Giang (18%), and Hoa Binh (17.34%). Notably, the Ministry of Construction and Hanoi city had the absolute disbursement figures, over 11.82 trillion VND and nearly 9.6 trillion VND, respectively.
Thanks to the Ministry of Transport’s higher disbursement rate, which has eclipsed the national average, a series of North-South expressway projects have met or exceeded set plans and are ahead of schedule, according to the ministry’s report.
Minister of Planning and Investment Nguyen Chi Dung has said low disbursement of public investment capital amid the COVID-19 pandemic could waste resources and result in the loss of opportunities to create a driving force for economic development.
The Ministry of Agriculture and Rural Development (MARD) is likely to fulfil 11.4 percent of its yearly plan of public capital disbursement at the end of the first quarter of this year.
Deputy Prime Minister Vuong Dinh Hue has asked ministries, agencies and localities to accelerate public investment disbursement in line with the Government’s Resolution No.70/NQ-CP and the PM’s Directive No.09/CT-TTg.