November 05, 2023 | 19:04 (GMT+7)
Ten-month public investment disbursement fulfills 52.1% of plan
As of October 31, the disbursement of public investment was estimated at over VND 401.86 trillion (USD 16.37 billion), completing 52.1% of the set plan and 56.84% of the target assigned by the Prime Minister, the Ministry of Finance reported.
Of the amount, VND 72.47 trillion was disbursed for the socio-economic recovery and development program, or 58.75 of the Prime Minister’s target, the ministry added.
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To push ahead with public investment disbursement in the remaining months of this year, the Ministry of Finance suggested removing obstacles to national target program. |
It pointed to sluggishness by some ministries and localities in land handover and forest conversion, and the implementation of new regulations on firefighting and environment.
To push ahead with public investment disbursement in the remaining months of this year, the ministry suggested removing obstacles to national target programs. It asked the Ministries of Planning and Investment, Health, Agriculture and Rural Development, and Labor, Invalids and Social Affairs, and the Committee for Ethnic Minority Affairs to review hindrances for timely solutions.
Localities need to concentrate on untangling knots related to licensing mineral, stone and sand exploitation in service of projects, as well as site clearance.
Source: VNA