Clarifying the reasons for the low disbursement of public investment by 29 ministries, agencies and 18 localities

PHẠM ĐÔNG |

The Prime Minister requested clarification of the reasons for the slow disbursement of public investment in some ministries, branches, agencies and localities, while having the same legal conditions and ground.

On the morning of October 18, Politburo member and Prime Minister Pham Minh Chinh chaired a national conference to promote public investment in 2025.

This is the 4th conference of the year on public investment, held in person at the Government Headquarters, online with 34 provinces and cities.

Speaking at the opening of the conference, the Prime Minister emphasized that there is less than a quarter left until the end of 2025. The whole country must implement the withdrawal solution to complete the goals and tasks assigned by the Party and the National Assembly.

To achieve the growth target of more than 8% in 2025, creating momentum, positioning, and creating momentum for double-digit growth in the following years, one of the growth drivers is investment, including public investment.

Public investment capital for the whole term increased by 55% compared to the previous term. Up to now, public investment disbursement has been implemented well, avoiding spreading investment, in which, in 2025 alone, public investment will be about 1.11 million billion VND and striving to disburse 100%, contributing to promoting development and growth goals.

The Prime Minister requested leaders of ministries, branches, agencies and localities to continue promoting the sense of responsibility towards the nation, people and people, focusing on directing and organizing the implementation of public investment disbursement, contributing to promoting socio-economic development, improving the material and spiritual life of the people.

Hoi nghi toan quoc lan 4 thuc day giai ngan dau tu cong. Anh: VGP
The 4th National Conference promotes public investment disbursement. Photo: VGP

The Prime Minister said that according to the summary, by October 16, the whole country had only disbursed 455 trillion VND in public investment, reaching 50.7%, low compared to the requirements. Of which, 29 ministries, central agencies and 18 localities have disbursement rates below the national average.

Recently, the Politburo issued Regulation No. 366-QD/TW on reviewing, evaluating and classifying quality for collectives and individuals in the political system. In particular, the results of directing and organizing the disbursement of public investment capital are a criterion.

The head of the Government emphasized, "every house that grows, every completed project and work brings joy, excitement and happiness to the people, contributing to the development of the country".

The Prime Minister requested delegates to focus on reviewing and evaluating the results of public investment disbursement, especially clarifying the reasons for slow public investment disbursement in some ministries, branches, agencies and localities, while having the same conditions and legal basis.

Promoting the spirit of " Saying less, doing more, with specific products", delegates clarified the causes and responsibilities in public investment disbursement; problems that need to be handled, responsibilities to be handled at which level, which industry; avoiding shirking, avoiding responsibility...

According to the Ministry of Finance, to improve discipline and order, speed up the implementation and disbursement of public investment capital, the Prime Minister has issued a decision to adjust the central budget capital plan from ministries and localities with low disbursement to ministries and localities that need additional capital to speed up the implementation progress; at the same time, there are many telegrams to promote public investment disbursement.

Since the beginning of the year, more than 455 km of expressways have been completed; starting construction of 364 km of new expressways, aiming to complete the target of more than 3,000 km by the end of 2025.

Discipline and order in public investment has been strengthened; ministries, branches and localities regularly review, adjust, and transfer capital between projects, ensuring efficiency, transparency, and on schedule, contributing significantly to economic growth, macroeconomic stability and sustainable development.

PHẠM ĐÔNG
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