Disbursement of investment capital through treasury reaches 63.7 percent

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State Treasury units have discovered 17,889 ineligible expenditures. Photo: TL

Specifically, the Governmentinvestment capital disbursed through the State Treasury is VND 242,855 billion, reaching 63.8 percent of the plan assigned by the Government. Of which, investment for capital construction is VND 202 trillion (accounting for 66.4 percent of the plan assigned by the Government); disbursed government bonds is VND 12.9 trillion (reaching 36.4 percent of the plan assigned by the Government); disbursed capital for the target program and the national target program is VND 27.6 trillion (68.3 percent of the plan assigned by the Government). It is expected that the disbursed investment capital under the 2019 spending plan through the State Treasury as of November 30, 2019 would be VND 244,973 billion, reaching 63.7 percent of the plan.

In addition, the revenue left for disbursement is VND 2.1 trillion, accounting for 55.1 percent of the plan assigned to the State Treasury.

Particularly for recurrent expenditures, it is expected that until November 30, 2019, the State Treasury system has controlled an estimated VND 814,619 billion, accounting for 78.1 percent of the recurrent expenditure estimate of the state budget via the State Treasury (excluding expenditures for debt repayment, aids, additional expenditures of financial reserve fund).

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Remarkably, through the control of state budget expenditure, the State Treasury units discovered an estimated17,889 expenditures that were not enough procedures as prescribed. The State Treasury units also required additional necessary procedures and refused to pay VND 75.5 billion.