In order to ensure the disbursement rate of public investment capital in 2025 reaches the target of over 95% of the plan assigned by the Prime Minister, the Ministry of Finance has proposed implementing a series of key solutions, focusing on capital allocation progress, allocation for key national projects and capital plan review.
According to the Ministry of Finance, up to now, 24/47 ministries, central agencies and 49/63 localities have not yet completed the allocation of public investment capital plans according to the prescribed time limit. Meanwhile, the Prime Minister issued Official Dispatch No. 16/CD-TTg dated February 18, 2025, requesting units to urgently allocate all details of the 2025 state budget investment plan in the first quarter.
The Ministry of Finance requests ministries, central and local agencies to urgently complete the detailed allocation of capital plans for tasks and projects before March 31, 2025; actively implement tasks to accelerate the disbursement progress of the State budget investment plan (NSNN) in 2025 according to the direction of the Prime Minister in the above Official Dispatch.
After March 31, 2025, the Ministry of Finance will report to competent authorities to cut down to transfer to ministries, central and local agencies that need to supplement the 2025 capital plan to arrange for important and urgent projects, strategic infrastructure projects with disbursement capability (including projects under the direction of the Prime Minister in Notice No. 23/TB-VPCP dated January 20, 2025 on the issuance of Government bonds for investment in key national projects).
For projects that have expired under the authority to extend the capital allocation period to 2025 of ministries, central and local agencies, the Ministry of Finance proposes to urgently assess and complete procedures to extend the capital allocation period according to its authority, as a basis for continuing to allocate capital for projects.
The total central budget capital (NSTW) allocated by the Ministry of Transport for important national projects and expressway projects is VND48,809 billion, reaching 101.14% of the minimum capital to be allocated of VND48,260 billion. However, the total state budget capital allocated by localities for these projects is 68,156.06 billion VND, not reaching the minimum capital allocated of 84,063.3 billion VND.
The Ministry of Finance requests localities to review and ensure sufficient allocation of minimum capital for important national projects, expressway projects, inter-regional projects, and coastal roads in accordance with the provisions of Decision No. 1508/QD-TTg dated December 4, 2024 of the Prime Minister.
The Ministry of Finance also requested ministries, central and local agencies to urgently implement Official Dispatch No. 423/BTC-DT dated January 14, 2025 on urging the allocation, implementation of tabmis estimates and disbursement of the 2025 state budget public investment capital plan.
Units need to propose the need to extend the implementation period and disbursement of the 2024-2025 NSTW capital investment plan to the Ministry of Finance for synthesis and reporting to the Prime Minister within the time limit prescribed in Document No. 1078/BKHDT-TH dated February 14, 2025 of the Ministry of Planning and Investment.
