Publicizes progress of public investment disbursement for important national projects

Transport infrastructure has developed strongly thanks to public investment capital. Illustrative: Internet

The Ministry of Finance has issued Document No. 13213/BTC-DT to publicize the progress of public investment disbursement of key national projects.

Accordingly, the total state budget plan for 2024 allocated for important national works and projects, key transport sectors and inter-regional transport projects managed by localities is VND 161,539 billion, accounting for 23.8% of the total state budget plan assigned by the Prime Minister to ministries, central agencies and localities (VND 680,075 billion).

However, by the end of November 30, new projects disbursed VND 82,336 billion, reaching 50.96% of the annual plan, lower than the average disbursement rate of the whole country (60.43%).

Of which, domestic capital disbursed VND 67,268 billion, reaching 55.1% of the plan; foreign capital disbursed VND 1,959.7 billion, reaching 26.1% of the plan.

Specifically, key national projects and works of the transport sector, disbursed VND 69,228 billion, reaching 53.4% of the plan.

Inter-regional transport projects managed by localities disbursed VND 13,108 billion, reaching 41% of the plan.

The document of the Ministry of Finance stated that Decision No. 1162/QD-TTg dated October 8, 2023 of the Prime Minister on supplementing capital from the central budget reserve in 2023 for the provinces in the Mekong Delta region to implement projects to prevent and combat riverbank and coastal erosion assigns 4,000 billion VND to 13 provinces in the Mekong Delta region.

The deadline for disbursing the central budget reserve in 2023 is until December 31, 2024.

Only about one remaining month but there are still two localities with a low disbursement rate of less than 50%, making it difficult to complete the plan.

By the end of November 2024, these projects to prevent and combat riverbank and coastal erosion have disbursed VND2,622.76 billion, reaching 65.57% of the central budget plan.

Therefore, the Ministry of Finance suggests the Ministry of Transport and the People's Committees of the provinces to implement solutions to promote the disbursement of public investment capital in accordance with the directions of the Prime Minister, the Government...

The Ministry of Finance asks the Ministry of Transport to make advances, recover advances, accept and pay investment capital in accordance with regulations.

At the same time, it is necessary to strictly manage contract advances in accordance with regulations, ensuring effective use, avoiding loss and waste of state budget funds.

For the Mekong Delta provinces, the Ministry of Finance requests strict implementation of capital disbursement under Decision No. 1162/QD-TTg.

Specifically, the Ministry requests to complete the project, and implement and disburse the 2023 additional central budget reserve capital no later than December 31, 2024 in accordance with the provisions of law.