"Closing" 2023, public investment disbursement reached 93.12% of the assigned plan

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	Public investment disbursement likely to hit record high in 2023

The whole country has made efforts to accelerate disbursement of public investment capital. Photo: Internet

The Ministry of Finance has just reported on the payment status of investment capital from the state budget accumulated in 12 months, estimated to implement the 13-month plan in 2023.

Accordingly, the total public investment capital plan in 2023 (including the plan assigned by the Prime Minister, the increasing plan for balanced capital assigned by localities, and plans carried over from previous years) is 858,399.9 billion VND. Of which, the 2023 plan is 803,397.6 billion VND and the capital from previous years extending to 2023 is 55,002.3 billion VND.

By the end of December 31, 2023, the whole country disbursed 589,201.9 billion VND, reaching 73.34% of the 2023 plan. Of which, the Socio-economic recovery and development program is 80,808.44 billion VND, reaching 60.8% of the plan of the plan assigned by the Prime Minister (132,867.5 billion VND).

Estimated payment by January 31, 2024 is 662,588.2 billion VND, reaching 82.47% of the plan and reaching 93.12% of the plan assigned by the Prime Minister (711,559.8 billion VND).

Thus, compared to the same period in 2022, the disbursement rate is higher when the same period in 2022 reached 80.63% of the plan and reached 92.97% of the plan assigned by the Prime Minister.

According to assessment from the Ministry of Finance, the disbursement results of public investment capital planned for 2023 were 0.15% higher in ratio, 123,311.7 billion VND higher in absolute terms compared to the same period in 2022.

The Ministry of Finance's report also said that some units completed 100% disbursement of the plan such as: State Bank, Vietnam Development Bank, Tobacco Corporation, Union of Literary and Arts Associations, Vietnam Journalists Association, Ha Nam province.

Some ministries and localities disbursed as high as 95% of the assigned plan such as: Dong Thap (99.8%), Quang Ngai (99.79%), Long An (99.19%), Ba Ria - Vung Tau ( 98.08%), Vinh Phuc (96.88%), Thai Nguyen (96.65%), Ninh Binh (95.98%), Hung Yen (95.95%), Tuyen Quang (95.7), Tra Vinh (95%), Ministry of National Defense (96.4%), Ministry of Transport (95.12%).

However, there are still 56/115 ministries and localities with estimated 13-month disbursement results lower than the national average, of which many ministries and central agencies have very low disbursement rates. There are even 16 ministries and central agencies that could only disburse less than 30%.

Regarding key projects, according to reports from the Ministry of Finance, by the end of December 31, 2023, the total disbursed capital of 9 important national projects in the transportation industry was 107,317.78 billion VND, reaching 84.1% of the total assigned 2023 plan (127,593.72 billion VND), of which, central budget capital is 88,899.78 billion VND, reaching 92.2% and local budget capital is 18,418 billion VND, reaching 59%.