Dak Nong has not been able to disburse hundreds of billions of dong in budget money

THANH QUỲNH |

Dak Nong is facing the risk of having to return hundreds of billions of dong to the Central Government because it cannot disburse public investment capital in time.

According to the report of the Department of Planning and Investment of Dak Nong province, up to now, there are many projects in the area that are behind schedule. Among them, there is the Dao Nghia - Quang Khe Road Project Phase 2.

This project has a total investment of 830 billion VND from the central budget and local budget.

According to the Department of Planning and Investment of Dak Nong province, the capital plan assigned in 2024 to the project's reporting period is 150 billion VND from the central budget; the capital extended from 2023 to 2024 is 91.6 billion VND.

As of September 11, 2024, the project has disbursed VND 4.09 billion/VND 241.6 billion, reaching 1.69% of the assigned capital plan. Currently, the project is organizing construction for the section of the route that has been handed over the site of package No. 16 and producing precast components for the remaining packages.

The remaining two packages are stuck with site clearance and overlap with bauxite exploration and exploitation planning.

Of the VND 241.6 billion allocated for the project, it is expected that priority will be given to disbursing only VND 91.6 billion of the capital that has been transferred to the expenditure task. Meanwhile, the remaining VND 147.7 billion allocated for 2024 cannot be fully disbursed.

The Department of Planning and Investment of Dak Nong province has advised the People's Committee of Dak Nong province to return the undisbursed capital to the Central Government.

According to the Department of Planning and Investment of Dak Nong province, the main responsibility for the slow disbursement of investment capital belongs to the investor.

For capital extended from 2023 to 2024, if it is not fully disbursed this year, it will not be transferred to the following year and there is a risk of losing capital.

THANH QUỲNH
RELATED NEWS

The highest cable-stayed bridge in Vietnam urgently paved with asphalt, preparing for opening to traffic

|

Ho Chi Minh City - Phuoc Khanh bridge is urgently asphalting the bridge deck to be ready for traffic on the entire Ben Luc - Long Thanh expressway.

Two Ho Chi Minh City Police players awarded decisions to naturalize Vietnamese

|

Two players Olaha Manh Duc and Williams Minh Hoang of the Ho Chi Minh City Police team were awarded the President's Decision to naturalize Vietnamese.

Rescue of driver trapped in cabin after accident on National Highway 279

|

Lao Cai - Functional forces coordinate from inside and outside the deformed car cabin after an accident on National Highway 279 to rescue the trapped driver.

Stock market on September 18th: VN-Index unexpectedly reverses direction at the end of ATC session

|

The stock market unexpectedly turned down when ETF funds restructured their portfolios.

Reasons why Vinh Phuc is slow to disburse public investment capital

Bảo Nguyên |

By September, the disbursement of public investment capital in Vinh Phuc had only reached more than 3,998 billion VND, equal to 51.4% of the capital plan assigned by the Central Government.

Sửa quy định về đầu tư công theo hướng đơn giản hóa thủ tục

Tuyết Lan |

Ngày 13.9, Bộ Kế hoạch và Đầu tư đã tổ chức Hội thảo lấy ý kiến các đối tác phát triển về dự thảo Luật Đầu tư công (sửa đổi).

Cần linh hoạt điều chỉnh chủ trương dự án đầu tư công

TRÍ MINH |

Ngày 11.9, Bộ Tư pháp cho biết vừa tổ chức phiên họp thẩm định Dự án Luật Đầu tư công (sửa đổi).