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Disbursement of public funds in 2023 meets 93.12% of target

More than 662.59 trillion VND (27.14 billion USD) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance.
Disbursement of public funds in 2023 meets 93.12% of target ảnh 1Illustrative image (Photo: baodautu.vn))
Hanoi (VNA) – More than 662.59 trillion VND (27.14 billion USD) ofpublic capital allocated for 2023 was disbursed as of January 31, fulfilling93.12% of the Prime Minister’s assigned plan, according to the Ministry ofFinance.

The ministry said on February 1 that some 88.28 trillion VND was disbursed forthe socio-economic recovery and development programme, or 66.4% of the plan.

Sectors, ministries and associations completed 100% of the disbursement targetsincluded the State Bank of Vietnam, the Joint Stock Commercial Bank forInvestment and Development of Vietnam, the Vietnam Television, Vietnam NationalTobacco Corporation, the Vietnam Journalists Association and Ha Nam province.

High rate of disbursement was recorded in Dong Thap province (99.8%), QuangNgai (99.79%), Long An (99.19%), Ba Ria – Vung Tau (98.08%), and Vinh Phuc(96.88%).

In January, over 16.9 trillion VND in public capital was disbursed,accounting for 2.58% of the Government’s plan.

With a view to speeding up public investment disbursement, the Ministry ofFinance proposed ministries, sectors and localities quickly make capital allocation plans for their projects, and work to remove bottlenecks in a timely fashion, striving to disburse atleast 95% of the public investment budgets./.

VNA
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