Tuesday, June 6, 2023 16:45 (GMT+7)
(CPV) - Estimated payment of public investment capital from the beginning of the year to May 31, 2023 is VND 157,095.4 billion, reaching 20.8% of the plan (reaching 22.22% of the plan assigned by the Prime Minister ). The disbursement rate of the capital plan for the first 4 months and estimated for the first 5 months of 2023 decreased slightly compared to the same period in 2022.
The report sent to the Prime Minister by the Ministry of Finance stated that, in addition to the causes affecting the disbursement work that the Ministry of Finance had compiled in the April report after synthesizing the inspection results of 5 Government Working Groups at ministries, central agencies and localities, there were some remaining problems affecting the progress of disbursement of public investment capital due to: Some projects had to adjust the structural plan to meet the fire prevention and fighting requirements of the Ministry of Public Security ; the impact of the Ukraine-Russia war on the global supply chain led to delays in importing materials and technical equipment for some projects; at the same time, it also caused a sudden increase in the price of fuel, materials and input equipment, causing difficulties for contractors.
In addition, for construction investment projects at Vietnamese representative agencies abroad: Due to the differences between local laws and Vietnamese laws, investment preparation and design document implementation often take much longer than domestic projects; global inflation and fluctuations in exchange rates between Vietnamese Dong and US dollars directly affect the approved bid package estimates and the selection of consulting contractors.
To speed up the disbursement of public investment capital, the Ministry of Finance continues to recommend that the Prime Minister assign the Ministry of Planning and Investment to provide specific guidance on the conditions for allocating capital for investment preparation in the medium-term and annual public investment plans so that ministries, central and local agencies have a basis for unified implementation.
Continue to request ministries, branches and localities to carry out key tasks and solutions to promote the allocation and disbursement of public investment capital in Directive No. 08/CT-TTg dated March 23, 2023 of the Prime Minister.
At the same time, seriously implement the conclusions of the Prime Minister's Working Groups to inspect, urge, remove difficulties and obstacles, and promote the disbursement of public investment capital in 2023 at ministries, central agencies and localities; in particular, ministries, central agencies and localities need to thoroughly overcome subjective causes that slow down the progress of public investment capital disbursement./.
MP
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