Monitoring the implementation results of the Medium-term Public Investment Plan for the period 2021 - 2025

On the morning of May 28, the supervision delegation of the Provincial People's Council led by Ms. Nguyen Thi Cam Phuong, Permanent Vice Chairwoman of the Provincial People's Council, supervised the implementation results of the medium-term public investment plan (PIP) for the period 2021 - 2025 of Hoa Binh province at the Provincial People's Committee. Working with the delegation were Mr. Quach Tat Liem, Vice Chairman of the Provincial People's Committee; leaders of departments, branches, sectors, and People's Committees of districts and cities.

Comrade Nguyen Thi Cam Phuong, Permanent Vice Chairwoman of the Provincial People's Council, Head of the monitoring delegation delivered a concluding speech at the working session.

According to the plan assigned at the beginning of the period, the total medium-term public investment plan for 2021 - 2025 of the province was assigned by the Prime Minister at 18,058,690 million VND; the Provincial People's Council approved 18,085,786 million VND. By the time of reporting, the Provincial People's Council had approved 13 adjustments and supplements; the total approved capital was 33,316,201 million VND, 3,744,065 million VND higher than the plan assigned at the beginning of the period. Of which, the provincial budget capital was 12,390,965 million VND; the central budget capital was 20,925,236 million VND.

Working with the monitoring delegation, the Provincial People's Committee reported on many contents related to the implementation of the medium-term public investment plan for 2021 - 2025. In general, the plan was built on the basis of closely following the provisions of the law on public investment; the allocation of capital sources was carried out in accordance with the goals and development orientations of the province. During the implementation of the plan, the Provincial People's Committee seriously, promptly and effectively implemented the leadership, direction, and submitted to the Provincial People's Council to issue related contents; at the same time, focused on directing, operating, and closely urging investors to promote disbursement to effectively use capital sources. The results of the implementation of the Public Investment Plan for the period of 2021 - 2025 have actively contributed to the completion of the socio -economic development goals and targets of the province.

At the request of the monitoring delegation, the representative of the Provincial People's Committee explained and clarified the following contents: the ability to implement and balance capital sources; disbursement results of the assigned capital plan from 2021 - 2024 (accounting for 67% of the medium-term plan); capital allocation and disbursement status for national target programs and key projects; results of implementing the annual public investment plan from 2021 - 2024; reporting on the results of integrating capital sources; effectiveness of bidding and coordination work; evaluating the effectiveness of works and projects after investment as well as the impact of the medium-term public investment plan on the socio-economic development of the province... In particular, the delegates focused on discussing the shortcomings and limitations; analyzing the causes of slow disbursement progress of annual public investment capital and orienting solutions to overcome them in the coming time.

The Provincial People's Committee has made a number of proposals and recommendations for the monitoring delegation to synthesize and submit to competent authorities. In particular, it is requested that the National Assembly, ministries and branches continue to pay attention and allocate central budget capital to implement investment in building regionally linked infrastructure in the province; it is requested that the Government and the Ministry of Finance soon announce the expected investment plan for the period 2026 - 2030 so that the province has a basis to develop detailed plans for investment projects.

Concluding the supervision session, the Standing Vice Chairman of the Provincial People's Council highly appreciated the direction of the Provincial People's Committee in implementing the Public Investment Plan for the period of 2021 - 2025. Discussing further about the challenges that need to be overcome, he proposed that the Provincial People's Committee assign departments, branches and localities to continue reviewing data and implementation results up to this point, thereby urging to accelerate the disbursement of public investment capital from now until before the province's merger. In particular, it is recommended to synchronously deploy solutions, promptly overcome the shortcomings and limitations that have been pointed out to increase the disbursement rate of capital sources, creating favorable conditions to prepare for the good implementation of the public investment plan for the next period, contributing effectively to the development of the province in the new period.

On behalf of the monitoring delegation, the Standing Vice Chairman of the Provincial People's Council requested the Provincial People's Committee to review the contents to complete the quality report on the implementation results of the 2021-2025 urban development plan. In particular, it is necessary to highlight specific recommendations and proposals for the Provincial People's Council to improve the effectiveness of leadership and direction, and promptly issue decisions on urban development in the next period. The recommendations and proposals will be considered by the Provincial People's Council at the thematic meeting scheduled to be held at the end of June 2025.

Khanh An

Source: https://baohoabinh.com.vn/12/201491/Giam-sat-ket-qua-thuc-hien-Ke-hoach-dau-tu-cong-trung-han-giai-doan-2021-2025.htm