Hanoi (VNA) – Prime Minister Pham Minh Chinh signed an official dispatch on September 21, outlining key tasks and solutions to speed up public investment disbursement this year.
The document was sent to ministers, ministerial-level leaders, and Secretaries of the municipal and provincial Party Committees and Chairpersons of municipal and provincial the People’s Committees.
According to the Ministry of Finance, as of the end of August, public investment disbursement reached 46.3% of the annual plan as compared to the 40.4% level recorded in the same time last year.
The Government leader praised eight ministries and ministerial-level agencies, and 22 localities for outperforming the national average. Meanwhile, he criticised 18 ministries and central agencies, and 29 provinces for failing to allocate detailed plans for the capital already assigned, and another 29 ministries and central agencies and 12 provinces for disbursement rates below the national average. PM Chinh ordered strict review of collective and individual responsibilities and urged remedial measures.
The government identified several root causes behind sluggish disbursement such as weak administrative discipline, lack of drastic leadership, fear of responsibility among officials, and ineffective implementation of the Government’s directives. Other obstacles included slow site clearance work and resettlement procedures, poor communications work, shortages of building materials, and limited capacity among investors.
To achieve the goal of disbursing all of the planned public investment this year, PM Chinh instructed ministries, agencies, and localities to follow the Party and Government’s resolutions, see the acceleration of the public capital disbursement as a top political task, and ensure clear accountability, responsibility, timeline, and results.
Leaders are requested to set detailed disbursement schedules by week, month, and quarter to push ahead the disbursement. Unallocated funds must be distributed immediately while underperforming projects will see funds reallocated to those with better progress. By September 25, ministries and provinces must report unused capital and reasons for delays to the Ministry of Finance and the Prime Minister.
Due attention must be paid to stabilising human resources amidst the ongoing implementation of the two-tier local government model, with qualified officials arranged for project management.
The Ministry of Finance is responsible for joining hands with competent ministries, agencies, and localities to review and propose capital transfer between agencies based on their performance in September. The ministry must submit weekly reports on the disbursement to the Prime Minister every Friday morning.
Other ministries must review and revise legal frameworks on public investment as needed.
Deputy Prime Minister Tran Hong Ha will direct the removal of obstacles reported by ministries and localities, while the Government Office monitors implementation and reports emerging issues beyond its authority./.
