Need drastic solutions to speed up disbursement of public investment capital

On the morning of September 22, continuing the 49th Session, the National Assembly Standing Committee gave opinions on the allocation of estimates and plans for central budget capital investment from the increased central budget revenue source in 2022; adjusting the 2025 estimates among ministries, central and local agencies; adjusting the 2025 estimates to suit the organizational structure of ministries, central and local agencies after the rearrangement.

According to the Report, based on the proposals of ministries, central and local agencies, the Government submitted to the National Assembly Standing Committee to allocate the 2022 central budget revenue increase source of VND 1,926,908 billion to Lam Dong province to implement the Bao Loc-Lien Khuong Expressway Construction Investment Project; adjust down VND 723 billion of the 2022 central budget revenue increase source that is no longer needed by the Ministry of Finance and the Ministry of Construction to adjust up accordingly for Quang Ngai (VND 150 billion) and Lam Dong (VND 573 billion).

The Government submitted to the National Assembly Standing Committee for consideration and decision to reduce VND 3,270 billion from the domestic central budget in 2025 for 9 ministries, central agencies and 3 localities to increase accordingly for 3 ministries, central agencies and 13 localities.

Adjust to reduce 703,036 billion VND of the central budget source outside the country of the Ministry of Agriculture and Rural Development (before the merger) to adjust to increase accordingly for 3 localities (Tuyen Quang, Ho Chi Minh City, Tay Ninh).

After adjusting the central budget capital for 2025 among ministries, central and local agencies as proposed above, the Government submitted to the National Assembly Standing Committee: to adjust down the entire central budget source for 2025 of 8 ministries and central agencies previously including the Management Board of President Ho Chi Minh Mausoleum, Ministry of Planning and Investment, Ministry of Agriculture and Rural Development, Ministry of Transport, Ministry of Natural Resources and Environment, Management Board of Vietnam Ethnic Culture Village, Ethnic Committee, Hoa Lac High-Tech Park Management Board to adjust up accordingly for 7 ministries and localities namely Ministry of National Defense, Ministry of Finance, Ministry of Agriculture and Environment, Ministry of Culture, Sports and Tourism, Ministry of Construction, Ministry of Ethnic Minorities and Religions, Hanoi city.

Adjusting a part of the central budget capital in 2025 among ministries and central agencies due to the transfer of state management functions; adjusting down 381 billion VND of the Ministry of Home Affairs to increase correspondingly for the Ho Chi Minh National Academy of Politics; adjusting down 187.7 billion VND of the Ministry of Labor, War Invalids and Social Affairs to increase correspondingly for: Ministry of Home Affairs (100.8 billion VND); Ministry of Education and Training (61.6 billion VND); Ministry of Health (25.3 billion VND); adjusting down 66 billion VND of the Ministry of Information and Communications to increase correspondingly for the Ministry of Science and Technology (52.5 billion VND), Ministry of Public Security (13.5 billion VND).

Chairman of the Economic and Financial Committee Phan Van Mai presented the Verification Report, stating clearly on the allocation of central budget capital in 2025 from the increased central budget revenue in 2022. The Committee agreed with the Government's proposal, submitted to the National Assembly Standing Committee for consideration and decision to allocate 1,926,908 billion VND of the central budget public investment plan in 2025 from the increased central budget revenue in 2022 to Lam Dong to implement the Bao Loc-Lien Khuong Expressway Construction Investment Project under the public-private partnership method (phase 1).

Regarding the adjustment of the central budget public investment plan for 2025, the Committee agreed to submit to the National Assembly Standing Committee for consideration and decision on the adjustment of the central budget estimate for 2025 among ministries, central agencies and localities as reported by the Government in Submission No. 619/TTr-CP dated July 4, 2025 and Document No. 14606/BC-BTC dated September 18, 2025 of the Ministry of Finance. Based on the resolution of the National Assembly Standing Committee, the Government is assigned to adjust the central budget public investment plan for 2025 accordingly according to the authority prescribed in Law No. 90/2025/QH15.

Regarding the adjustment of the 2025 central budget public investment plan to suit the organizational structure of ministries, central and local agencies after the rearrangement, the Committee believes that in order to suit the model and organizational structure of ministries, central and local agencies after the rearrangement, the adjustment of the public investment plan is necessary, in accordance with the policies of the Party, the National Assembly and the provisions of the State Budget Law and the Public Investment Law.

Concluding the working session, Vice Chairman of the National Assembly Nguyen Duc Hai said that the National Assembly Standing Committee agreed with the proposal of the Economic and Financial Committee to allocate 1,926,908 billion VND of the central budget public investment plan in 2025 from the increased central budget revenue in 2022 to Lam Dong to implement the Bao Loc-Lien Khuong Expressway Construction Investment Project under the public-private partnership method in phase 1; adjust the central budget source estimate in 2025 among ministries, central agencies and localities reported by the Government.

Based on the resolution of the National Assembly Standing Committee, the Government is assigned to adjust the 2025 investment plan according to its authority.

The Government is responsible for ensuring the accuracy of allocation data and adjusting the capital estimates for the central budget investment plan in 2025, ensuring compliance with the principles prescribed by the State Budget Law, the Public Investment Law, relevant laws and the principles stated in Submission No. 619 dated July 4, 2025 of the Government to allocate, adjust and manage public investment capital in accordance with regulations.

The Vice Chairman of the National Assembly requested the Government, central agencies and localities to learn from experience to arrange capital in accordance with the implementation progress and disbursement capacity of tasks and projects; limit the need to adjust the increase or decrease of assigned capital plans. At the same time, there should be drastic solutions to allocate the remaining unallocated capital, speed up the disbursement progress of investment capital; manage and use capital economically and effectively, and combat negativity and waste.

The Economic and Financial Committee presides over and coordinates with the Law and Justice Committee and the Ministry of Finance to receive comments from the National Assembly Standing Committee to complete the draft Resolution, seek comments from the National Assembly Standing Committee to submit to the National Assembly Chairman for signing and promulgation…/.

(TTXVN/Vietnam+)

Source: https://www.vietnamplus.vn/can-giai-phap-quyet-liet-day-nhanh-tien-do-giai-ngan-von-dau-tu-cong-post1063224.vnp