State Treasury takes drastic measures to speed up investment disbursement - Illustrative image (Source: http://thoibaotaichinhvietnam.vn) Hanoi (VNA) – The State Treasury disbursed a total of 107.7 billion VND (4.6 million USD) as investments in the first half of 2019, equivalent to only 29.7 percent of the set target.
In controlling the spending of the State budget, the State Treasury system has actively coordinated with ministries, sectors, localities and budget users in taking concerted measures to step up investment disbursement, with the work monitored closely within the framework of estimates.
During January-June, State budget collection via treasuries reached 743.4 trillion VND, equal to 52.6 percent of yearly estimates.
The State Treasury also mobilized 115.8 trillion VND from the sale of Government bonds in the period, thus helping meet the demand for budget debt payment.-VNA
VNA
