On November 15th, Deputy Prime Minister Ho Duc Phoc chaired a meeting of Task Force No. 4 and Task Force No. 7 to inspect, supervise, and resolve difficulties and obstacles, and accelerate the disbursement of public investment capital in 2024. Representatives from 26 relevant ministries, agencies, and localities attended the meeting.
According to the Ministry of Planning and Investment's report, Group 4 comprises 10 ministries and central agencies and 11 localities. The disbursement rate for the first 10 months of 2024 reached 58.9%, higher than the national average. Of these, 4 central agencies and 8 localities had disbursement rates higher than the national average; 5 ministries and 3 localities had disbursement rates below the national average.
The report from the Ministry of Planning and Investment clearly outlines difficulties and obstacles related to legal regulations (guidelines for bidding law; regulations on fire prevention and fighting; procedures for converting rice cultivation land, environmental impact assessment; procedures for connecting roads; obstacles related to mechanisms and policies concerning land clearance costs); difficulties and obstacles in investment preparation and land clearance (land procedures, conversion of forest land, land allocation procedures; procedures for rearranging land and housing facilities); difficulties and obstacles due to complex weather conditions, storms, landslides, etc. It also identifies the causes and proposes specific solutions to overcome these difficulties and obstacles and accelerate public investment disbursement in the coming period.
For Task Force No. 7 (comprising 5 localities), as of October 31, 2024, disbursement reached 48.36%, lower than the national average. Of these, 3 provinces ( Dak Lak , Dak Nong, and Gia Lai) had higher disbursement rates than the national average. 2 provinces (Kon Tum (42.93%) and Lam Dong (38.37%) had lower disbursement rates than the national average.
Localities in Task Force No. 7 encountered difficulties and obstacles related to the complex and time-consuming procedures for converting forest land to other uses, which did not provide localities with sufficient autonomy; the lengthy process of granting mining permits, failing to meet the construction progress of projects; and the lack of uniformity in guiding documents for projects under national target programs.
According to the Ministry of Finance's report: "During the process of compiling the monthly public investment disbursement situation, the Ministry of Finance found that the difficulties and obstacles affecting the progress of public investment disbursement in 2024 mentioned above are not unique to Task Force No. 7, but are also common difficulties and obstacles faced by many localities nationwide."
The Ministry of Finance requests that localities thoroughly understand and closely follow the directives of the Prime Minister in the official dispatches and instructions to accelerate the disbursement of public investment capital in the remaining months of the year, striving to disburse over 95% of public investment.
At the same time, proactively coordinate with relevant agencies and units to handle difficulties and obstacles within the assigned authority. Instruct the investor and relevant units to urge contractors to promptly complete the documentation and accelerate the settlement of capital in the remaining months of the year.
The Ministry of Finance also requested the Ministries of Natural Resources and Environment, Agriculture and Rural Development, Labour, Invalids and Social Affairs, Planning and Investment, and the Committee for Ethnic Minorities to urgently research, guide, and answer questions and address issues directly related to their respective areas of state management according to their assigned functions and duties. In cases exceeding their authority, they should promptly propose directions and solutions and report to the competent authorities for consideration and decision.
After hearing reports and opinions from localities, representatives from the Ministry of Finance, the Ministry of Planning and Investment, and the Ministry of Natural Resources and Environment held specific discussions to resolve difficulties and obstacles in order to accelerate the disbursement of public investment capital in the coming period.
Concluding the meeting, Deputy Prime Minister Ho Duc Phoc stated: The acceleration of public investment disbursement aims to utilize resources most effectively, in order to meet the needs of a prosperous and thriving national economy.
To resolve legal obstacles, the Government has submitted to the National Assembly for consideration and promulgation a law amending four laws related to public investment with new, progressive regulations, aiming to promote decentralization and delegation of power in the implementation of public investment projects in the spirit of "local authorities decide, local authorities do, local authorities are responsible".
Accordingly, after investment capital is submitted by ministries, sectors, and localities, the list of projects will be given to the localities for decision-making; localities can adjust the allocation of funds from one project to another without having to submit it to higher authorities, as long as it does not exceed the total amount of capital allocated to the locality. The capital for targeted programs will also be reformed in this direction. This will save time, allow projects to be completed sooner, and maximize their effectiveness.
Deputy Prime Minister Ho Duc Phoc noted that with the acceleration of decentralization and delegation of power, leaving projects unfinished would lead to many negative consequences. For example, if contractors lack the capacity or fail to deliver the work, it will affect the progress and quality of the project. For projects involving technology, prolonged delays will lead to outdated technology that no longer meets requirements.
In particular, with infrastructure investment projects such as highway development, prioritizing quantity over quality, leading to subsidence, cracking, and damage, can have serious consequences. Therefore, when investing, localities must have a long-term vision, "working quickly, decisively, and reliably, ensuring the quality of the construction and avoiding waste."
Deputy Prime Minister Ho Duc Phoc requested that mountainous provinces recalculate and balance their budget revenue capacity, especially revenue from land-related sources, and on that basis develop solutions to ensure investment capital for projects, promptly report to competent authorities to address any obstacles, and avoid the situation of unfinished construction due to lack of funds.
The Deputy Prime Minister also noted that with only 45 days left in 2024, achieving 95% of the committed capital disbursement requires tremendous effort, working day and night, with timely and strict procedures to prevent any losses.
Deputy Prime Minister Ho Duc Phoc requested that ministries and agencies, based on their assigned functions and tasks, promptly address requests and resolve obstacles for localities. He also urged them to focus on completing the remaining projects before December 31, 2024, for final settlement.
The Deputy Prime Minister instructed the Ministry of Planning and Investment to review the provinces' proposals regarding adjustments to the total investment amount, investment procedures, and fund transfers; and to advise on allocating additional capital for projects to ensure timely completion, early commissioning, and effective utilization of the works.
The Ministry of Finance guides localities in resolving obstacles in the implementation of ODA projects, allocating capital, and adjusting investment capital when receiving feedback from the Ministry of Economy and Investment.
The Ministry of Natural Resources and Environment handles issues related to ensuring the supply of construction materials, land price lists, and land clearance. The Ministry of Construction guides provinces in calculating material prices and adds new regulations on norms...
Deputy Prime Minister Ho Duc Phoc urged ministries, departments, and localities to continue upholding the rule of law, enhancing a sense of responsibility, and overcoming all difficulties to achieve the highest possible results in disbursing public investment funds.
Source: https://baotainguyenmoitruong.vn/pho-thu-tuong-ho-duc-phoc-don-doc-giai-ngan-von-dau-tu-cong-383190.html
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