On May 26, the Department of Finance of Dak Lak province said that the unit had submitted a report to the Provincial People's Committee on adjusting and detailing the 2026 public investment plan from the local budget.
According to the proposals of units and localities, functional agencies have adjusted to reduce the capital plan of 164 projects to supplement capital for 197 other projects with a total budget of about 682 billion VND.
Out of the total adjusted capital, more than 31 billion VND was allocated to 46 projects that have been approved for finalization. In addition, about 651 billion VND was added to 151 projects to pay for completed volumes and accelerate construction progress.
Functional agencies adjusted to increase more than 533 billion VND for 109 projects that need disbursement but have not been assigned public investment plans for 2026. Of which, more than 13 billion VND was allocated to 17 projects that have been approved for settlement; more than 519 billion VND is for projects to pay for completed volumes and promote implementation progress.
In addition, the locality supplemented more than 71 billion VND to pay for the volume of 87 district-level projects transferred to the People's Committees of communes and wards as investors.
For provincial-level projects invested by project management boards, departments, and branches, functional agencies supplemented about 78 billion VND for 23 projects to ensure the progress of implementation and disbursement of capital.
Mr. Truong Cong Thai - Vice Chairman of Dak Lak Provincial People's Committee said that the capital reduction adjustment was implemented due to many reasons such as: Projects still have surplus capital after finalization approval; projects have been handed over, put into use and are completing finalization procedures; projects no longer have volume to disburse or projects have stopped implementation due to unimplemented construction.
According to Mr. Thai, it is expected that after being approved by competent authorities, the capital source after the adjustment will be supplemented for projects that are in need to pay for the remaining capital, ensuring the ability to implement and disburse the public investment capital plan for 2026.
The adjustment is expected to contribute to improving the efficiency of using public investment capital, limiting the situation of backlog of capital; and at the same time focusing resources on projects that are likely to be completed and soon promote efficiency in the near future.
