According to the report data of investors as of June 30, 2024, the Ministry of Agriculture and Rural Development has disbursed VND 4,702 billion, reaching 51.02% of the planned capital, among the ministries and branches with high disbursement rates.
The Canh Tang reservoir project is located in Yen Phu commune, Lac Son district, Hoa Binh province, using state budget capital managed by the Ministry of Agriculture and Rural Development. Photo by Ngoc Dan
In 2024, the Government assigned the Ministry of Agriculture and Rural Development to manage VND 9,935 billion, including the investment capital plan for domestic capital projects of VND 8,601 billion, of which VND 24 billion is from the Socio-Economic Recovery and Development Program; the foreign capital plan is VND 1,334 billion, of which VND 819 billion has not been allocated and the Ministry of Agriculture and Rural Development has reported to request a return.
The Ministry of Agriculture and Rural Development has allocated a detailed plan for public investment capital from the central budget in 2024 of VND 9,216 billion. According to the report data of investors, as of June 30, 2024, VND 4,702 billion has been disbursed, reaching 51.02% of the planned capital, among the ministries and branches with high disbursement rates.
According to the Ministry of Agriculture and Rural Development, in order to achieve a high disbursement rate, from the beginning of 2024, the Ministry of Agriculture and Rural Development issued Document No. 331/BNN-KH dated January 11, 2024, directing investors to implement and disburse investment capital in 2024.
Accordingly, the Ministry of Agriculture and Rural Development requires investors to develop detailed plans to implement and disburse the 2024 planned capital assigned monthly and quarterly, with the goal of disbursing the maximum planned capital for 2024, while repaying debt volumes and recovering the maximum amount of capital advanced under contracts from 2023 and earlier.
Identifying public investment disbursement as one of the top important political tasks, requiring priority leadership, direction and implementation, the leaders of the Ministry of Agriculture and Rural Development have specifically assigned leaders responsible for public investment management to closely direct the implementation process, promptly remove difficulties and obstacles for each project; assign specific responsibilities regarding authority and responsibility between agencies and units within the Ministry during the implementation process.
Mr. Nguyen Hoai Nam - Deputy Director of the Department of Construction Management (Ministry of Agriculture and Rural Development) said that the Ministry of Agriculture and Rural Development has reviewed the difficulties and obstacles of each project owner and investor, and organized online basic construction meetings to promptly provide specific instructions and solutions to remove each obstacle for each project to speed up the implementation progress and disbursement for each project.
Although the disbursement rate of the Ministry of Agriculture and Rural Development is relatively high compared to other ministries and localities, the Ministry of Agriculture and Rural Development assesses that the current capital allocation for 2024 does not meet the demand. The Ministry has proposed additional documents, but up to now, they have not been met; the capital allocation for 2025 has not been determined, so it is very passive in directing, operating and implementing.
The Ministry of Agriculture and Rural Development also said that the capital approval process through the Treasury and Budget Management Information System (TABMIS) is still slow, so the adjusted funds of some projects have not been sent to the Treasury in time, affecting the disbursement progress. Therefore, the Ministry of Agriculture and Rural Development requested the Ministry of Finance to speed up the approval of TABMIS for the Ministry's projects that have been assigned to adjust the plan, facilitating the implementation of disbursement and ensuring the effective use of allocated funds.
For the 2023 capital plan, the implementation period and disbursement will be extended to 2024 according to the announcement in Official Dispatch No. 3922/BKHDT-TH dated May 22, 2024 of the Ministry of Planning and Investment, it is more than 100 billion VND for 4 projects: Song Cho 1 Reservoir: 80.8 billion VND; Krong Pach Thuong Reservoir: 1 billion VND; Bac Lieu high-tech shrimp development agricultural zone: 14 billion VND; Flood prevention and aquaculture in Hung Dao area, Chi Linh town: 1.5 billion VND.
"The 2023 capital plan has been extended for implementation and disbursement to 2024, and 1 billion VND has been disbursed, equivalent to 1%. Disbursement is slow so far because it was not until the end of May 2024 that the extension was announced," informed the Ministry of Agriculture and Rural Development.
Source: https://danviet.vn/bo-nnptnt-giai-ngan-hon-4700-ty-dong-dat-51-von-ke-hoach-nam-trong-nhom-bo-nganh-co-ty-le-giai-ngan-cao-20240711110248065.htm
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