The Ministry of Finance proposed a series of solutions to promote ODA disbursement and public investment.

Reduce the time it takes to process applications.

Given the slow progress in disbursing public investment capital, especially ODA funds and preferential foreign loans, the Ministry of Finance has proposed several groups of solutions and specific recommendations to achieve the goal of disbursing 100% of the planned capital for 2025, while also preparing for the new medium-term period of 2026-2030.

Source: Ministry of Finance.

Firstly, we propose that the Government and the Prime Minister direct ministries, sectors, and localities to urgently implement comprehensive measures within their respective areas of management; strengthen coordination, resolve obstacles, and ensure disbursement progress in accordance with the spirit of Resolution No. 273/NQ-CP and the Prime Minister's directives.

Secondly, for project management agencies, the Ministry of Finance proposes reviewing and allocating detailed budget estimates to each project, focusing capital on projects with good progress, nearing completion, or requiring disbursement according to loan agreements; while simultaneously canceling or reallocating capital from slow-moving projects or those that do not meet the implementation criteria. Agencies need to strengthen inspection and supervision of progress, promptly address difficulties, and expedite projects that have completed investment procedures, bidding, and contract approval.

At the same time, close coordination with the Ministry of Finance and donors is necessary to address obstacles, especially in adjusting investment policies and loan agreements; and to implement a system of periodic reporting on disbursement progress. In addition, the units need to promptly complete the legal procedures after the merger and respond to Official Letter No. 12873/BTC-QLN dated August 21, 2025, so that the Ministry of Finance and donors can finalize the loan agreement adjustments, facilitating the disbursement process.

Thirdly, for project owners, it is necessary to focus on implementation, ensuring actual work volume for disbursement; proactively coordinate with consultants, contractors, and management agencies to immediately resolve obstacles; and promptly report to the managing agency to avoid delays due to waiting for opinions.

Fourth, for localities with ODA projects, the Ministry of Finance requests that they urgently handle compensation, land clearance, resettlement, and handover of cleared land to project owners on schedule.

Projects that are behind schedule and have not resolved their obstacles will be reviewed and addressed. (Illustrative photo.)

Fifth, in its role as the coordinating agency, the Ministry of Finance will continue to monitor and report to the National Steering Committee on ODA and concessional loans, and propose flexible management solutions to the Prime Minister; review and address projects that are behind schedule or whose obstacles cannot be overcome; and consider cutting or withholding capital allocations for the following year if there is no improvement.

Simultaneously, the Ministry is strengthening its work with donors to resolve outstanding issues, accelerate the negotiation, signing, and entry into force of loan agreements; and implementing an electronic disbursement system to shorten processing times.

Launching a new medium-term public investment phase.

2026 marks the first year of the medium-term public investment plan for the 2026-2030 period, considered a crucial starting point for the next phase of development. The Ministry of Finance requests that managing agencies and project owners, when developing their 2026 capital plans, base their decisions on actual implementation capacity, prioritizing projects to be completed within the year, transitional projects, urgent projects, projects with high efficiency and rapid disbursement potential, and avoiding the cancellation or reallocation of funds.

For foreign capital, planning needs to adhere closely to the loan agreement, commitments to donors, and ensure sufficient funding for projects whose agreements expire in 2026 and are not likely to be extended.

On the part of the Ministry of Finance, specialized units will continue to research and refine mechanisms and policies on the management and use of ODA funds and preferential loans, including amending the Law on Public Debt Management and guiding decrees, in order to shorten procedures, strengthen decentralization and delegation of authority, and simplify administration.

The Ministry of Finance emphasized that, in order to complete the disbursement target for 2025 and create a foundation for 2026, a synchronized and decisive effort from the entire political system, from the central to local levels, is needed. The Ministry of Finance hopes that ministries, sectors, and localities, as managing agencies, will closely monitor and promptly direct project owners to resolve obstacles in order to achieve the 2025 disbursement target, laying the groundwork for the implementation of public investment disbursement in 2026, a pivotal year in the new medium-term period of 2026-2030.

The proactive approach of ministries, sectors, and localities will be the decisive factor in ensuring the progress and effective use of public investment capital, contributing to promoting sustainable economic growth in the new period.

Source: https://baodautu.vn/bo-tai-chinh-de-xuat-loat-giai-phap-thuc-day-giai-ngan-von-oda-va-dau-tu-cong-d413688.html