Illustrative image (Source: VNA)The document stressed that due to the COVID-19 pandemic, asof July 31, disbursement of public investment reached 36.71 percent of the yearly plan compared to 40.67 percent of the same period last year. Notably, thatof ODA and concessional loans was only 7.52 percent in the period.
The Government targets raising the disbursement rate to atleast 95 percent this year.
To that end, PM Chinh requested ministries, sectors andlocalities consider stepping up public investment disbursement a mainpolitical task in 2021, review allocation of public investment capital toensure that the capital is injected into feasible projects, and impose strictfines on investors, project management boards, individuals and organisationsdeliberately hindering progress of capital allocation and implementation.
It is also necessary to continue reviewing mechanisms,policies and regulations related to public investment for timely amendment andsupplementation.
The Government leader required the Ministry of Finance to coordinatewith relevant ministries and agencies to timely remove obstacles relevant tonegotiations, signing of loan agreements, and withdrawal of loans./.
VNA
