Hanoi (VNA) – Prime Minister Pham Minh Chinh on September 11 signed an official dispatch, urging ministries, agencies, and localities to step up the disbursement of public investment capital this year.
Since the beginning of 2025, the Government and the PM have issued numerous instructions on this matter. As of the end of August, disbursement was estimated at 46.3% of the plan assigned by the Government leader, higher than the same period in 2024 (40.4%). Of this, nine ministries and central-level agencies along with 22 localities reported disbursement rates above the national average, while 29 ministries, central agencies and 12 localities remained below that benchmark.
To achieve the target of 100% disbursement of the 2025 public investment plan, the PM requested ministers, heads of ministerial and government agencies, other central-level bodies, chairpersons of provincial and municipal People’s Committees, and Secretaries of provincial and municipal Party Committees to continue upholding responsibility and intensify leadership and direction.
They must resolve difficulties and obstacles, thoroughly and strictly implement the Party’s guidelines, the State's laws, and the resolutions, directives and official dispatches of the Government and the PM on the allocation and disbursement of public investment capital. Public capital disbursement is a foremost political task that must be given the highest priority in leadership, guidance and performance, according to the dispatch.
The PM underlined that the acceleration of disbursement must go hand-in-hand with ensuring the quality of works and projects, avoiding corruption, losses and waste.
Ministries, central agencies and localities are to draw up detailed disbursement plans for each project, monitoring progress weekly and monthly. Funds must be proactively reallocated from slow-moving projects to those with better performance and additional funding needs, in line with regulations. Wrongdoings and corruption in the management and use of public investment capital must be resolutely handled.
The Ministry of Finance was tasked with directing the State Treasury to promptly settle completed work volumes, expand the use of online payment services, ensure the availability of funds for project payments, and swiftly address difficulties related to settlement, contract negotiations, agreement signing, and fund withdrawals from donors.
The PM also instructed ministries in charge of the three national target programmes to review related disbursement obstacles and proposals raised by ministries, sectors and localities./.
VNA
