Disbursed social investment capital in 2021 sees lowest increase

Illustrative image (Photo: VNA)

Hanoi (VNA) – The total social investment capital disbursed in 2021 was estimated at nearly 2,892 trillion VND (126.5 billion USD), up 3.2 percent annually, reported the General Statistics Office (GSO).

A GSO leader said it has been the lowest increase over the past years, but the result was positive amid the complicated developments of COVID-19 pandemic at home and abroad.

Of which, the capital of the State and FDI sectors decreased 2.9 percent and 1.1 percent respectively while that of the non-State sector increased 7.2 percent.|

According to the Ministry of Finance, as of December 31, 2021, disbursement of public investment capital reached 77.3 percent of the target assigned by the Prime Minister compared to 82.66 percent from the same period last year. Of which, 83.66 percent was domestic and 26.77 percent was foreign capital.

Deputy Minister of Planning and Investment Tran Quoc Phuong said the ministry will continue reviewing legal regulations related to public investment and disbursement for amendments and supplements and report to competent authorities in line with regulations, especially those regarding construction, land and natural resources.

The PM’s special working teams on tackling difficulties for projects and public investment disbursement in ministries, agencies and localities will continue grasping the situation and promptly address obstacles in the process./.