Investment capital from the State Budget in July estimates at VND57.6 trillion

VCN – The investment capital from the State Budget in July is estimated to increase by 8.2% month-on-month, and in the first seven months of the year rose 2.3% year-on-year, meeting 40.6% of the plan.
Numerous factors behind the non-allocation of over VND 17.6 trillion in public investment capital Numerous factors behind the non-allocation of over VND 17.6 trillion in public investment capital
Completing site clearance and accelerating disbursement of public investment in key transportation projects Completing site clearance and accelerating disbursement of public investment in key transportation projects
Investment capital from the State Budget in July estimates at VND57.6 trillion
Investment capital comes from the State budget of some localities.

According to the General Statistics Office, the investment capital from the State budget continues to be implemented by ministries, branches and localities. Specifically, the investment capital from the State budget in July 2024 is estimated to reach VND57.6 trillion, down 1.6% over the same period last year.

In the first 7 months of 2024, the investment capital from the State budget is estimated to reach VND301.5 trillion, meeting 40.6% of the annual plan and up 2.3% over the same period last year. Specifically, the central government-managed investment capital is estimated at VND51.9 trillion, meeting 44.9% of the annual plan and reflecting a 3.7% year-on-year decrease.

The investment capital was implemented by the Ministry of Transport at VND 31.8 trillion, down 20.9%; by Ministry of Agriculture and Rural Development at VND5.1 trillion, up 37.6%; by Ministry of Education and Training at VND 503.3 billion, up 6.6%; by Ministry of Health at VND483.6 billion, up19.5%; by Ministry of Natural Resources and Environment at VND324.5 billion, down 38.9%; by the Ministry of Industry and Trade at VND302.5 billion, up 10.3%.

The local government-managed investment capital is estimated to go up 3.6% year-on-year to VND249.6 billion, meeting 39.8% of the annual plan. Of which, provincial-level state budget capital rose 2.3% to about VND166.8 trillion, meeting 37.8% of the plan; the district-level state budget capital increased by 6.7% to VND 71.3 trillion, meeting 43.3% of the plan; the commune-level state budget capital increased by 5.15 to VND11.5 trillion, meeting 54.8% of the plan.

By Xuan Thao/ Hoang Loan

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