In the first half of 2019, disbursement of investment capital via the State Treasury reached over 31%

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In the first half of 2019, the State Treasury system also refused to pay VND 20 billion. Photo: T.L

Capital disbursed by the Government was VND 112,086.2 billion; including capital investment ofVND 89,776.7 billion, Government bonds was VND 6,210.5 billion, National target program and target program capital was VND 16,099 billion.

The remaining revenue for disbursement was VND 607.1 billion, reaching 29.9% of the plan.

According to the report, the State Treasury refused to pay VND 20 billion. This was due to the investor's request for payment of arising amount which has not been approved, some expenditures had insufficient dossiers.

Regarding recurrent expenditure, as of June 30, the expected payment capital was VND 409,457 billion, reaching 39.3% of the state budget's recurrent expenditure estimate via the State Treasury (excluding expenditure for debt repayment, aid, additional financial and reserve funds).

Through the control of State budget expenditure, the State Treasury units discovered about 5,671 expenditures that have insufficient procedures and requested to add procedures and the actual refused amount from payment was VND 10.9 billion.

In June 2019, the State Treasury held 3 bidding sessions for Government bonds through the Hanoi Stock Exchange and mobilized VND 8,692 billion forthe State budget and development investment.

As of June 24, the total capital mobilized from the market reached VND 102, 672.5 billion, reaching 34.2% of the assigned plan.