Dr. Nguyen Quang Minh from the Economic Faculty of Thu Dau Mot University in the Southern province of Binh Duong underlined the need for specific regulations on the efficiency of public spending for each type of project.
Projects should be considered scientifically, as there remains wastefulness in many public investment projects, Minh added.
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A plenum of the sixth session of the 14th National Assembly |
Tran Hoang Huan, Vice President of the Business Association of the Mekong Delta province of Tien Giang, proposed the Government pay attention to removing difficulties for businesses and speeding up the disbursement of public investment in line with administrative procedure reform to promote the effectiveness of public investment.
It is essential to expand investment in infrastructure serving remote areas, disadvantaged provinces and potential localities whose infrastructure remains poor, particularly those in the Mekong Delta region, Huan suggested.
According to Huan, discussions at the ongoing sixth session have drawn much attention from voters, especially entrepreneurs, as they can help orient businesses’ investment, thus generating more jobs and ensuring social welfare.
Meanwhile, voter Nguyen Minh Chau, former Director of the Southern Fruit Research Institute, stated that during the discussions, NA deputies had mentioned many issues of people’s concern related to socio-economic development. Chau appreciated explanations of Government members on some matters and solutions.
Dau Trong Hien, CEO of the Smart System Co., Ltd., called on the Government to carry out more simply procedures to support scientific research and loans for technology development to help domestic enterprises better compete with foreign ones.
Lawmakers on October 29 discussed outcomes of the implementation of the State budget estimate for 2018; the State budget estimate, State budget allocation plan for 2019 and the national financial-budgetary plan for 2019-2021, and the allocation of the remaining budget and unused regular spending left from 2017.
Source: VNA