Disbursement of public investment capital reached 60.6% of the plan, higher than the same period in 2024

On December 5, the Ministry of Finance informed that by the end of November, the total disbursed public investment capital from the State budget reached VND 553,250 billion, equivalent to 60.6% of the plan assigned by the Prime Minister. This rate is 2.4% higher than the same period in 2024. According to the Ministry of Finance, in the context of the public investment capital plan in 2025 increasing sharply in scale, the above disbursement result is a bright spot.

Giải ngân vốn đầu tư công đạt 60,6% kế hoạch, cao hơn cùng kỳ năm 2024 - Ảnh 1. — The total state budget public investment plan for 2025 is assigned 913,216 billion VND. (Photo: Vietnam+)

However, if not counting the capital plan assigned by the Prime Minister to be supplemented after September 30, 2025 and supplemented to implement Resolution No. 57-NQ/TW (capital allowed to be transferred and the implementation period extended, disbursed until the end of the following year), the actual disbursement rate for the capital plan assigned from the beginning of the year reached 62.5%.

Specifically, the total state budget public investment plan for 2025 is assigned VND 913,216 billion. Of which, the capital plan assigned at the beginning of the year is VND 825,922 billion and the additional capital is VND 87,293 billion. Notably, the additional capital plan after September 30, 2025 and the additional capital according to Resolution No. 57-NQ/TW is VND 27,429 billion.

In addition to the plan assigned by the Prime Minister, the local budget balance capital plan assigned by localities is increased by 167,522 billion VND. Thus, the total capital plan assigned in 2025 (including the capital assigned by the Prime Minister and the increased local budget balance capital) reaches 1,080,738 billion VND.

Regarding the detailed allocation situation, by the end of November, the total capital that had been allocated in detail for tasks and projects was 1,039,467.1 billion VND. If only counting the plan assigned by the Prime Minister, the total capital that had been allocated in detail was 871,944 billion VND, reaching 95.5% of the plan.

However, the Ministry of Finance said that there is still 41,271 billion VND of central budget capital of 11 ministries, central agencies and 26 localities that has not been allocated in detail, accounting for 4.5% of the plan assigned by the Prime Minister. Most of this unallocated capital (98%) is due to newly assigned additional capital from increased central budget revenue or is in the process of adjusting the capital plan.

Thus, the unallocated capital from the beginning of the year (VND 838.96 billion) is mainly due to the National Target Program capital being fully allocated according to the approved scale or ODA projects that have not signed loan agreements/are waiting for extension of the agreements.

To ensure the highest disbursement target by the end of the year, the Ministry of Finance has proposed a number of key solutions to remove obstacles and speed up implementation progress. In particular, public investment is identified as a top political task, one of the criteria for evaluating officials according to Regulation 366-QD/TW of the Politburo. Agencies are required to continue to thoroughly grasp and seriously and resolutely implement the directions of the Party, the National Assembly, the Government and the Prime Minister.

Accordingly, the solutions focus on promoting the role of heads of ministries, agencies, Party committees and local authorities in leading, directing and organizing implementation, promptly removing difficulties and obstacles. The individualization of responsibilities is promoted through the specific assignment of leaders and officers in charge of each project.

In particular, the Ministry of Finance emphasized that leadership and direction must comply with the "6 clear" principles: clear people, clear work, clear responsibility, clear authority, clear time and clear results. Ministries and agencies are required to urgently overcome shortcomings and limitations, refer to valuable lessons, especially in site clearance, to ensure that public investment capital is absorbed most effectively into the economy./.

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