On November 15, the Government held an online conference with Working Group No. 4 and Working Group No. 7 on inspecting and urging the acceleration of public investment disbursement in the last months of 2024.
The report of the Ministry of Finance at the conference showed that the 10-month disbursement rate of 10 central ministries and agencies and 11 localities reached 59.8% of the plan assigned by the Prime Minister, higher than the national average.
Of which, 4 central agencies and 8 localities have disbursement rates higher than the average disbursement rate of the whole country.
Central agencies: Vietnam Television 100%; State Bank of Vietnam 84.83%; Voice of Vietnam 67.63%; State Audit 53.02%. Localities: Thai Nguyen 85.14%; Lao Cai 77.29%; Bac Kan 65.95%; Tuyen Quang 59.68%; Dien Bien 58.38%; Yen Bai 57.23%; Son La 57.03%; Lang Son 53.76%.
According to localities, the disbursement of public investment capital faces many difficulties due to the scarcity of construction materials; the implementation of land use revenue sources also depends on the budget collection progress of units, districts, and cities...
In addition, a number of grassroots cadres are still limited in capacity and qualifications, especially in state management capacity in finance, land, basic construction, appraisal, implementation of National Target Programs and capacity to organize and implement project construction.
Speaking at the conference, Vice Chairman of Lao Cai Provincial People's Committee Nguyen Trong Hai emphasized that the disbursement rate of state budget capital in 10 months of Lao Cai province has reached 77.29% and is determined to achieve over 95% of the plan assigned by the Prime Minister by the end of 2024.
