HCMC – The Ministry of Finance has released a list of public investment projects with disbursement rates below 30% of the targeted plan for the first nine months of this year, aiming to urge localities to accelerate implementation progress.
Of the VND96,203.4 billion in central government budget capital allocated to localities for 2024, the majority is domestic capital, amounting to VND86,746.6 billion, or 90.16% of the total, according to the Vietnam News.
By the end of September, public investment capital disbursement had reached only 45.98% of the plan assigned by the prime minister, equivalent to VND39,890 billion, which is lower than the national average.
The State Treasury reported that as of September 30, 326 projects were still facing slow disbursement, with 82 projects yet to begin, significantly affecting overall progress. This includes five key national projects.
In response, the Ministry of Finance has called on localities to implement strong measures to expedite public investment capital disbursement in line with the Government’s directives.
