Capital disbursement results are the criteria for evaluating unit heads.

The Ministry of Transport has just issued a Directive on accelerating the disbursement of public investment capital in 2024.

Accordingly, the Ministry of Transport requires heads of investors, project management boards, and relevant advisory agencies of the ministry to continue to strive, have the highest determination, and constantly innovate and be creative in performing assigned tasks right from the first days and months of 2024.

Investors and project management boards urgently deploy the allocated budget according to the assigned plan for projects on schedule; speed up the completion of payment procedures with the State Treasury when the volume is accepted; promptly record revenue and expenditure of ODA capital and preferential loans implemented with the State Treasury.

At the same time, it is necessary to strictly handle officers, departments and offices that do not comply with disbursement procedures, causing difficulties for the unit when making payment procedures.

Investors and project management boards are also required to speed up the completion of procedures for approving investment policies, investment projects, designs, estimates, bidding for contractor selection, and consultants for newly started projects, especially for projects using increased central budget revenue in 2022; regularly review and update the implementation and disbursement plans of each project/bid package to promptly detect problems and propose solutions.

Event - Ministry of Transport: Capital disbursement results are the criteria for evaluating unit heads — The disbursement of public investment capital in 2023 by the Ministry of Transport is estimated at VND92,186 billion, reaching 96.8% of the plan (Photo: Pham Tung).

The Ministry of Transport assigned the Department of Planning and Investment to closely monitor the implementation results of the investment capital plan of each investor and project management board, proactively propose solutions to handle and manage the plan, flexibly coordinate capital plans between projects, prioritize capital allocation for projects to be completed in 2024; Resolutely transfer capital plans from projects with slow disbursement to projects with good disbursement progress and lacking capital.

The Department of Construction Investment Management and the Vietnam Expressway Administration must urgently appraise and approve investment projects, bidding plans, designs, estimates, and projects; strengthen inspection, supervision, and link the review of implementation progress with the disbursement results of each project.

The disbursement results of the registered plan at the beginning of the year are the main criteria for assessing the level of completion of the 2024 work tasks of the heads of relevant agencies and units, except for reasons of force majeure.

Heads of agencies and units must use the unit's disbursement plan criteria to evaluate the task completion level of relevant officers .

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