Prime Minister directs to accelerate allocation and disbursement of public investment capital in 2025

The telegram was sent to Ministers, Heads of ministerial-level agencies, Government agencies; leaders of other central agencies; and Chairmen of People's Committees of provinces and centrally-run cities.

Accordingly, since the beginning of 2025, the Government and the Prime Minister have issued many strong directives requiring central and local agencies to urgently implement the allocation and disbursement of public investment capital plans.

By March 15, 2025, the detailed allocation rate had reached 93.69% and by the end of April it had increased to nearly 99% of the plan assigned by the Prime Minister. However, more than VND 8,263 billion had not yet been allocated in detail. Regarding disbursement progress, by the end of April 2025, the whole country had only disbursed 15.56% of the plan, lower than the same period last year (16.64%).

In particular, there are 24 ministries, central agencies and 12 localities with disbursement rates below average; of which 9 ministries have not disbursed any money and 12 localities have disbursed less than 10%.

In the context of the world continuing to experience complex fluctuations, especially the impact of tariff policies and global trade tensions, promoting public investment disbursement has become a strategic, urgent and central task of the Government.

Prime Minister directs to promote allocation and disbursement of public investment capital in 2025

Accelerating the allocation and disbursement of public investment capital not only supports economic growth but also plays an important role in ensuring macroeconomic stability, promoting major balances and completing socio-economic development goals by 2025.

The Prime Minister requested Ministers, Heads of ministerial-level agencies, leaders of central agencies and Chairmen of People's Committees of provinces and centrally-run cities to focus on directing resolutely and synchronously and effectively implementing the tasks set out in Resolution No. 01/NQ-CP, resolutions of regular meetings of the Government, Decision No. 1508/QD-TTg and related telegrams and directives.

Capital allocation must be focused, appropriate to implementation capacity, and delays must not continue. Agencies must urgently propose solutions to handle unallocated capital and update complete information on the national public investment system.

The Government requires ministries, branches and localities to promote the implementation of national target programs, key national projects, expressway and inter-regional projects... in a flexible, creative and effective manner.

Capital disbursement must be linked to the requirement of ensuring project quality, absolutely not allowing loss, negativity or violation of the law. In particular, site supervision, urging construction progress and site clearance must be given high priority.

The Prime Minister requested that each project must have a detailed disbursement plan for each month and quarter and clearly assign leaders in charge of monitoring. Each person, each task, each result must be specifically identified, in accordance with the "6 clear" principle: clear person, clear task, clear responsibility, clear authority, clear time and clear result. Authorities at all levels must proactively review and transfer capital from slow projects to projects with more feasible progress. The review of the responsibility of collectives and individuals for the delay must also be carried out seriously in accordance with Party regulations and State laws.

The Prime Minister emphasized the need to strengthen discipline and order in disbursing public investment capital. Any units or individuals who deliberately delay or allow violations to occur will be strictly handled. ODA projects need to be closely monitored for progress and difficulties that arise should be promptly resolved. Regarding local budget balance capital, leaders of provinces and cities need to boost budget collection, especially revenue from land to ensure public investment capital plans. National target programs need to be comprehensively reviewed, especially at the commune level - where many difficulties often arise in implementation.

The Prime Minister assigned the Ministry of Finance to preside over synthesizing and proposing capital adjustment plans among ministries, branches and localities, and submit them to competent authorities before May 25, 2025.

At the same time, the Ministry needs to closely monitor the disbursement situation and report promptly so that the Prime Minister can take flexible and practical management measures. The State Treasury is assigned the task of ensuring timely payment and promoting payment through online public services to reduce time and costs for investors.

At the same time, the Ministry of Finance, the Ministry of Agriculture and Rural Development, the Ministry of Natural Resources and Environment, the Ministry of Construction and relevant ministries and branches need to proactively review problematic legal documents and propose amendments and supplements in May 2025 to create maximum favorable conditions for the process of allocating and disbursing public investment capital.

With the strong and close direction from the Government, the task of allocating and disbursing public investment capital in 2025 is identified as a key factor to maintain economic growth momentum, stabilize the macro economy and enhance national competitiveness. The synchronous and serious coordination between ministries, branches and localities and the strong participation of leaders are decisive factors for the success of the public investment plan in this pivotal year.

(According to doanhnhansaigon)

Source: https://baoyenbai.com.vn/12/350183/Thu-tuong-Chinh-phu-chi-dao-day-nhanh-phan-bo-giai-ngan-von-dau-tu-cong-nam-2025.aspx