Public investment disbursement fulfills 51% of plan

Rach Gia-Hon Dat coastal road located in Hon Dat district, the Mekong Delta province of Kien Giang, is under construction. (Photo: VNA)

This capital  included 8.9 trillion VND managed by the central government, up 36.8 %, and 39.4 trillion VND managed by local governments, up 55.2%.

In the first 8 months of 2022, investment capital realized from the state budget totalled 285.4 trillion VND, equaling 51% of the year’s plan and increasing by 16.9% over the same period last year.

Realized investment capital under central management was estimated at 50.4 trillion VND, equaling 47.7% of the year’s plan and increasing by 18.1% over the same period last year.

Aiming to accelerate the disbursement of the capital, the Prime Minister assigned 6 working groups to continue to inspect, urge and remove difficulties and obstacles, and accelerate disbursement of public investment capital in 2022 at 41 ministries and central agencies and 18 localities which had disbursement results below the national average of 34.47%.

The Prime Minister asked the working groups to directly inspect a number of ministries, agencies and localities in the remaining days of August to soon solve problems and bottlenecks and speed up the disbursement progress./.