Additional assignment and adjustment of the medium-term public investment plan for the period of 2021-2025

VCN - Deputy Prime Minister Le Minh Khai signed Decision 215/QD-TTg on additional assignment and adjustment of the medium-term public investment plan with central budget capital in the 2021-2025 period for projects of internal ministries, and central and local agencies.
Illustration: ST
Illustration: ST

Specifically, the Decision on additional allocation of medium-term public investment plans funded by the central budget in the 2021-2025 period for projects from the remaining capital, which has not yet been detailed within the total internal capital of ministries, central and local agencies decided by the National Assembly and assigned by the Prime Minister, ensuring that the total capital of the medium-term public investment plan for the 2021-2025 period does not change by sector or field approved by the National Assembly.

Adjusting down the medium-term public investment plans funded by the central budget for the 2021-2025 period of projects that have been assigned medium-term public investment plans, and at the same time increasing the medium-term public investment plans with state budget capital in the period 2021-2025 for projects of internal ministries, central agencies and localities, ensuring that the total capital of the medium-term public investment plan for the 2021-2025 period does not change by sector, areas approved by the National Assembly.

Regarding the implementation of the medium-term plan for public investment with foreign capital from the central budget for the 2021-2025 period, the Government requires ministries, central agencies and localities based on the medium-term public investment plan with capital from the central budget in the period 2021-2025, the list of projects and the central budget capital level in the medium-term public investment plan for the 2021-2025 period are assigned to notify or decide to assign the medium-term public investment plan in the period 2021-2025 for agencies and units using public investment capital, details of tasks, list of projects and level of central budget allocated for each task and project following the provisions of the law on public investment.

Ministries, central agencies and localities which adjusted to reduce the medium-term plan for the 2021-2025 period with the central budget capital of projects are responsible for allocating the insufficient amount of capital from the local budget or other legal sources to complete the project, ensuring on time as prescribed by the Law on Public Investment; not propose competent authorities to supplement capital from the central budget for projects that have reduced the medium-term plan for the period 2021-2025.

To be answerable to the Prime Minister and inspection, examination, audit units and related agencies on the accuracy of the reported data, the list of projects and the amount of capital allocated for each project to ensure compliance with the provisions of law.

The Decision requires the ministry of Planning and Investment, and the Ministry of Finance, based on their assigned functions and tasks in charge of state management of public investment, to take responsibility before the Prime Minister and inspection, control, audit agencies and related agencies on the accuracy of the reported contents and data, ensuring compliance with the provisions of law.

By Huong Diu/Phuong Linh

Related News

The "ambitions" and proposals of state-owned enterprises

The "ambitions" and proposals of state-owned enterprises

VCN - Despite the difficulties, 2024 also opens up many opportunities, and state-owned enterprises (SOEs) have proposed many plans to develop businesses, motivating them to make significant contributions to economic development.
Consider applying a priority import-export process to help businesses optimize time and costs

Consider applying a priority import-export process to help businesses optimize time and costs

VCN - The Government requested to research and simplify administrative processes as much as possible or consider applying priority import and export processes to support businesses in optimizing time and costs.
The Government directs to increase revenue collection and review saving expenditure

The Government directs to increase revenue collection and review saving expenditure

VCN – In the session on October 20 of the 15th National Assembly's 4th session, the National Assembly continued to listen to Minister of Finance Ho Duc Phoc, per the procuration of the Prime Minister, to present a report on the assessment of state revenue collection in 2022, State budget estimates, central budget allocation plans in 2023 and financial plan in three years 2023-2025.
Hanoi adopts five-year public investment plan

Hanoi adopts five-year public investment plan

The People’s Council of Hanoi has approved a resolution on middle-term public investment plan for the 2021-2025 period.

Latest News

Perfecting the legal framework to promote upgrading the stock market

Perfecting the legal framework to promote upgrading the stock market

VCN - After receiving comments from affected subjects including organizations, individuals, and market members, the State Securities Commission has just completed a draft circular amending 4 circulars regulating: stock trading on the stock exchange system; clearing and settlement of stock exchanges; operations of securities companies and information disclosure on the stock market.
Margin loan continues hit new record

Margin loan continues hit new record

VCN - The need to use leverage in the stock market is still very high, shown by the level of outstanding loans at securities companies continuing to increase sharply in the second quarter of 2024.
Vietnam needs comprehensive regulatory framework to attract green financing

Vietnam needs comprehensive regulatory framework to attract green financing

Vietnam needs a clear regulatory framework and solutions to promote the green finance market and encourage private capital flows into green fields, experts have said.
2025 budget estimation must be practical, accurate and efficient

2025 budget estimation must be practical, accurate and efficient

VCN - Directing the 2025 state budget estimation, Minister of Finance Ho Duc Phoc emphasized that units must ensure that the 2025 budget estimation must be practical, accurate, efficient, and meet the requirements for performing professional and political tasks assigned to central and local agencies.

More News

The corporate bond market will be more vibrant in the second half of the year

The corporate bond market will be more vibrant in the second half of the year

VCN - In the first half of 2024, with bond maturity pressure continuing to increase, corporate bond issuance has shown many positive signs compared to the previous year. According to forecasts, businesses' need to borrow and issue corporate bonds will accelerate in the second half of 2024.
Prioritize resources and promptly supplement capital for policy credit

Prioritize resources and promptly supplement capital for policy credit

VCN- In the near future, to further promote the effectiveness of policy credit, the Ministry of Finance will continue to preside over and coordinate with relevant ministries, branches and the Vietnam Bank for Social Policies (VBSP) to implement many key solutions.
Measures suggested to boost startups’ access to capital

Measures suggested to boost startups’ access to capital

The recent vigorous growth of startups in Vietnam has attracted domestic and foreign investors, but insiders recommended more efforts be made to facilitate startups’ access to funding from investors so that they can live up to potential.
Inflationary pressure seen from monetary policy

Inflationary pressure seen from monetary policy

VCN - The economy went through the first half of the year, inflation is still under control and forecast to reach the target set by the National Assembly and the Government. However, variables from the currency market such as exchange rates, interest rates, credit..., even gold prices, are issues that need to be paid attention.
Banks with the problem of promoting credit growth

Banks with the problem of promoting credit growth

VCN - It is estimated that by the end of June 2024, the economy's credit growth will reach nearly 4.5%. This number is still far from the yearly credit growth target of 14-15%.
Proposal to increase Special Consumption Tax on tobacco products

Proposal to increase Special Consumption Tax on tobacco products

VCN - At the workshop Special Consumption Tax on cigarettes held by Vietnam Tax Consulting Association and the Institute of Financial Strategy and Policy on July 16, experts and businesses clarified the goals and content of amended the special consumption tax policy on tobacco products. According to experts, there cannot be a solution that fully ensures the benefits of both consumers, the state and businesses, but it is necessary to choose the most optimal option to achieve the initially set goals.
Savings of individual customers at banks hit record high

Savings of individual customers at banks hit record high

In spite of low interest rates, figures from the State Bank of Vietnam (SBV) released this week show deposits of individual customers increased by more than VNĐ39.7 trillion in April, to reach more than VNĐ6.7 quadrillion.
Managing fiscal policy has achieved many positive and comprehensive results

Managing fiscal policy has achieved many positive and comprehensive results

VCN - On July 15, the Ministry of Finance held an online conference to summarize state budget financial work in the first 6 months of the year, implementing tasks in the last 6 months of 2024. Minister of Finance Ho Duc Phoc attended and directed the conference. Also attending the Conference were Deputy Ministers of Finance, leaders of units under the Ministry of Finance.
Determine tools, policy for inflation control

Determine tools, policy for inflation control

VCN - According to economic expert Associate Professor, PhD. Ngo Tri Long (photo), former Director of the Price Market Research Institute (Ministry of Finance), inflation is an issue that needs special attention, especially related to the management of monetary policy, interest rates, increasing prices of goods and services...
Read More

Your care

Latest Most read
Perfecting the legal framework to promote upgrading the stock market

Perfecting the legal framework to promote upgrading the stock market

State Securities Commission has completed a draft circular amending 4 circulars regulating: stock trading on the system; clearing and settlement; operations of securities companies and information disclosure.
Margin loan continues hit new record

Margin loan continues hit new record

The need to use leverage in the stock market is still very high, shown by the level of outstanding loans at securities companies continuing to increase sharply in the second quarter of 2024.
Vietnam needs comprehensive regulatory framework to attract green financing

Vietnam needs comprehensive regulatory framework to attract green financing

Vietnam needs a clear regulatory framework and solutions to promote the green finance market and encourage private capital flows into green fields, experts have said.
2025 budget estimation must be practical, accurate and efficient

2025 budget estimation must be practical, accurate and efficient

VCN - Directing the 2025 state budget estimation, Minister of Finance Ho Duc Phoc emphasized that units must ensure that the 2025 budget estimation must be practical, accurate, efficient, and meet the requirements for performing professional and political
The corporate bond market will be more vibrant in the second half of the year

The corporate bond market will be more vibrant in the second half of the year

VCN - In the first half of 2024, with bond maturity pressure continuing to increase, corporate bond issuance has shown many positive signs compared to the previous year. According to forecasts, businesses' need to borrow and issue corporate bonds will acc
Mobile Version