Hanoi (VNA) – Vietnam disbursed 553.25 trillion VND (20.98 billion USD) in public investment over the past 11 months, equivalent to 60.6% of the plan set by the Prime Minister and up 2.4% year-on-year, the Ministry of Finance reported.
Up to 41. 27 trillion VND in central-budget capital - earmarked for 11 ministries and central agencies and 26 localities - remains unallocated in detail, representing 4.5% of the plan assigned by the PM.
Given this, the ministry has proposed measures to remove bottlenecks so projects can be completed on schedule.
It stressed that accelerating public investment is a top political priority, and called for stronger involvement from ministers, agency heads and local leaders in directing and executing the work.
Ministries and agencies were also urged to continue reviewing policy and regulatory roadblocks to public-investment disbursement, and propose solutions to competent authorities.
The ministry emphasised the need to pinpoint projects with strong disbursement potential to prioritise funding, while firmly shifting capital away from sluggish projects or those unable to complete procedures on time.
It said deeper decentralisation must go hand in hand with strengthened accountability./.
Drastic actions needed to complete public investment disbursement plan: MoF
Without concerted implementation of measures, meeting the 100% disbursement target for 2025 will remain highly challenging, said an official of the Finance Ministry.
