Nghe An transfers medium-term public investment plan for the 2021-2025 period, not implementing projects without capital allocation

Nghe An Provincial People's Committee has just issued Decision No. 3664/2025 on adjusting the Medium-term Public Investment Plan for the period 2021-2025, the Public Investment Plan for 2025 and the Public Investment Plan for 2024, with competent authorities extending the implementation period and disbursing to 2025 the district-level budget (before implementing 2-level local government) into the provincial budget or commune-level budget (phase 2).

Do not implement the project without being assigned a capital plan to avoid incurring outstanding debts for basic construction.

The adjustment is to conform to the two-level local government model after the 2025 commune-level administrative unit arrangement, while ensuring resources are allocated to the right address, right authority and improving disbursement efficiency.

According to the decision, tasks and projects using the budgets of Dien Chau, Nam Dan, Nghia Dan, Tuong Duong, Tan Ky, Nghi Loc, Do Luong, Quynh Luu districts (before the model conversion) will be adjusted to the provincial budget or commune budget depending on the governing body and implementing unit. Projects under the authority of departments, branches, provincial project management boards or provincial public service units will be transferred to the management, monitoring and capital allocation from the provincial budget.

For projects invested by the People's Committee of the commune, ward or public service unit at the commune level, the capital source will be adjusted to the commune budget.

The Provincial People's Committee also decided to assign additional development investment expenditure estimates to the commune-level budget of more than VND 533,863 billion to carry out assigned investment tasks.

The Department of Finance is responsible for notifying, guiding and allocating capital according to the progress of land use fee collection, ensuring compliance with the regulations of the Ministry of Finance on budget management in 2025.

Resettlement area in Hoa Son village, Muong Xen commune. Photo: Van Truong

Only truly urgent projects that are suitable for capital balance are proposed to be arranged in the 2026-2030 period.

Decision 3664/2025 emphasizes the requirement for investors to focus on directing, implementing and disbursing 100% of the 2025 capital plan and the extended capital for 2024. Units must periodically report progress before the 3rd of each month and quarter to the Department of Finance; at the same time, review the entire list of projects that have been assigned a medium-term plan.

For completed projects, the final settlement documents must be completed urgently. For unfinished or unimplemented projects, the investor is responsible for reviewing and proposing a plan to stop or adjust the appropriate technical stopping point, and sending it to the Department of Finance before November 25, 2025. Only projects that are truly urgent and suitable for capital balance are proposed to be arranged in the 2026-2030 period.

The Department of Finance is assigned to monitor and synthesize disbursement progress, promptly report to the Provincial People's Committee; at the same time, preside over and guide localities in the process of allocating, paying, accounting for capital sources and entering Tabmis data for projects under the province's authority.

The Provincial People's Committee assigned specialized construction management departments to closely coordinate with investors to remove procedures, resolve difficulties, and ensure timely disbursement. For the State Treasury of Region XI, the Provincial People's Committee requested disbursement to be carried out in accordance with current regulations, and proactively coordinate with the Department of Finance in providing disbursement data for each project before the 3rd of each month and quarter. The decision takes effect from the date of signing. The Chairman of the Provincial People's Committee requested provincial departments, branches, and sectors; People's Committees of communes and wards; regional project management boards, and investors to seriously implement it.

Building new rural areas in Nam Dan commune. Photo: Mai Hoa

During the implementation process, if any difficulties arise, they must be promptly reported to the Department of Finance for synthesis and consultation with the Provincial People's Committee for consideration and handling in accordance with regulations.

With this adjustment of the public investment plan, Nghe An province aims to unify capital management after administrative reorganization, improve the effectiveness of public investment management, overcome resource dispersion, increase disbursement speed and ensure that works and projects are effective after investment.

This is also an important preparation step for the 2026-2030 public investment period, emphasizing the need to carefully select truly necessary projects that are suitable for the province's budget balance and development orientation in the coming time.

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Source: https://baonghean.vn/nghe-an-dieu-chuyen-ke-hoach-dau-tu-cong-trung-han-giai-doan-2021-2025-khong-trien-khai-du-an-khi-chua-duoc-giao-von-10311749.html