According to the Department of Planning and Investment, Quang Nam 's total public investment capital plan for 2024 is more than VND 8,779 billion; of which the public investment capital plan for 2024 is more than VND 7,056.8 billion (central budget is more than VND 2,194.9 billion and local budget is more than VND 4,861.8 billion), capital in 2023 extended to 2024 is more than VND 1,722.1 billion.
According to statistics, by the end of May 2024, the allocated investment capital plan reached 93%. The remaining unallocated capital plan for 2024 is more than 582.1 billion VND, including central budget capital of more than 91.6 billion VND and provincial budget capital of more than 490.5 billion VND. Accordingly, unallocated central budget capital belongs to national target programs; provincial budget capital includes: capital construction reserve and loan interest payment, implementation of resolutions of the Provincial People's Council, counterpart funds for national target programs and land use revenue retained for later allocation depending on the progress of land collection during the year.
According to the Department of Planning and Investment, the capital that cannot be allocated is because the projects have not completed investment procedures, so they do not meet the conditions for detailed allocation according to regulations. The Department of Planning and Investment requests that sectors, units, and localities with unallocated capital plans complete investment procedures for projects assigned to investors to ensure eligibility for capital allocation. If by May 31, 2024, the tasks and projects do not meet the conditions for capital allocation, the Department of Planning and Investment will advise the Provincial People's Committee to report to the Provincial People's Council to consider cutting the capital plan and transferring additional capital to other projects in need.
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