Four-month public investment disbursement grows 12.9 percent
A total of 83.7 trillion VND (42.51 million USD) in public investment has been disbursed in the first four months of this year, a 12.9-percent increase from a year earlier, according to the General Statistics Office.
Illustrative photo. (Source: VNA)Hanoi (VNA) – A total of 83.7 trillion VND (42.51 million USD) in public investment has been disbursed in the first four months of this year, a 12.9-percent increase from a year earlier, according to the General Statistics Office.
About 14.7 percent of the sum – 12.3 trillion VND – came from the central budget, up 32.3 percent year on year, while the remainder was from local budget, up 10.1 percent.
The Ministry of Education and Training saw its public investment disbursement expanding 87.7 percent, the highest among ministries, followed by the Ministry of Industry and Trade with 46.7 percent.
Localities with the highest increase in public investment disbursement during the period included Quang Ninh with 17.9 percent, Ba Ria – Vung Tau 12.5 percent, and Nghe An 11.9 percent.
Around 23.2 trillion VND in public investment was disbursed in April, a year-on-year rise of 0.8 percent, the lowest over the last five year, because the COVID-19 pandemic has forced many projects to postpone./.
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