Four-month public investment disbursement grows 12.9 percent

A total of 83.7 trillion VND (42.51 million USD) in public investment has been disbursed in the first four months of this year, a 12.9-percent increase from a year earlier, according to the General Statistics Office.
Four-month public investment disbursement grows 12.9 percent ảnh 1Illustrative photo. (Source: VNA)

Hanoi(VNA) – A total of 83.7 trillion VND (42.51 million USD) in public investmenthas been disbursed in the first four months of this year, a 12.9-percentincrease from a year earlier, according to the General Statistics Office.

About 14.7percent of the sum – 12.3 trillion VND – came from the central budget, up 32.3percent year on year, while the remainder was from local budget, up 10.1percent.

The Ministryof Education and Training saw its public investment disbursement expanding 87.7percent, the highest among ministries, followed by the Ministry of Industry andTrade with 46.7 percent.

Localitieswith the highest increase in public investment disbursement during the periodincluded Quang Ninh with 17.9percent, Ba Ria – Vung Tau 12.5 percent, and Nghe An 11.9 percent.

Around 23.2trillion VND in public investment was disbursed in April, a year-on-year riseof 0.8 percent, the lowest over the last five year, because the COVID-19 pandemic has forced many projectsto postpone./.
VNA

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