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

The Prime Minister requested to speed up the progress of key and important national projects... Photo: VNA

The Prime Minister has just issued urgent dispatch No. 60/CD-TTG on urging to accelerate the allocation and disbursement of public investment capital in 2025.

The dispatch clearly stated: Right from the first months of 2025, the Government and the Prime Minister have issued many documents strongly directing ministries, central agencies and localities in allocating and disbursing the public investment capital plan for 2025.

By March 15, 2025, ministries, central and local agencies had allocated 93.69% of the 2025 public investment capital plan in detail, and by the end of April 2025, they had allocated 99% of the plan assigned by the Prime Minister; the remaining unallocated capital was VND 8,263,085 billion.

Disbursement results by the end of April 2025 are estimated to reach 15.56% of the plan assigned by the Prime Minister, lower than the same period in 2024 (16.64%); of which, 24 ministries, central agencies and 12 localities have disbursement rates lower than the national average, especially 9 ministries and central agencies have not disbursed; 15 ministries and central agencies disbursed less than 5%; 12 localities disbursed less than 10%.

In the coming time, the world situation is forecast to continue to develop in a complex and unpredictable manner, especially the impact of the US reciprocal tariff policy. In that context, promoting the allocation and disbursement of public investment capital is both urgent and strategic, and is a key task to contribute to promoting growth, stabilizing the macro-economy, ensuring major balances of the economy, and contributing to the successful implementation of socio-economic development goals, targets, and plans for 2025.

In order to strive to disburse 100% of the capital plan assigned by the Prime Minister in 2025, the Prime Minister requested Ministers, Heads of ministerial-level agencies, Government agencies, other central agencies, Chairmen of People's Committees of provinces and centrally run cities to continue to uphold their responsibilities, focus on directing, leading, and implementing resolutely, synchronously, promptly, and effectively key tasks and solutions; identifying public investment disbursement as a top priority political task.

Ministries, central and local agencies urgently allocate detailed plans for state budget capital investment in 2025 in accordance with regulations, without further delays. Capital allocation must ensure focus, key points, not spread out, in accordance with implementation and disbursement capacity and in accordance with legal regulations. Urgently propose a plan to handle the remaining central budget capital in the 2025 plan that has not been allocated in detail, send it to the Ministry of Finance before May 15, 2025 and update it on the national information system on public investment.

The Prime Minister requested to focus on implementing flexible, creative, timely, effective and drastic solutions and measures to promote the implementation and disbursement of public investment capital, 3 National Target Programs; speed up the progress of key and important national projects, highways, inter-regional projects with spillover effects... Accelerating the disbursement progress must be associated with ensuring the quality of projects and works, preventing negativity, loss, waste and violations of the law.

For ministries, central and local agencies that have not yet allocated the detailed capital plan for 2025 by March 15, 2025, urgently and seriously organize reviews and handle the responsibilities of collectives and individuals that have caused delays.

The Prime Minister requested the Ministry of Finance to preside over the synthesis and proposal of plans to adjust the central budget capital plan for 2025 among ministries, central and local agencies, and report to competent authorities before May 25, 2025 in accordance with regulations. At the same time, closely monitor the disbursement progress of ministries, central and local agencies, promptly report to the Prime Minister to issue flexible, drastic, effective management solutions, close to the practical situation to complete the 2025 target.

The Ministry of Finance directs the State Treasury to promptly make payments for completed volumes, promote payments via online public services to save time and travel costs for investors, and publicly and transparently handle documents at payment control agencies; directs problems related to payment, settlement, negotiation, signing of agreements, and withdrawal of capital from sponsors.

The ministries in charge of national target programs (Ministry of Agriculture and Environment, Ministry of Ethnic Minorities and Religions) review difficulties, problems and recommendations of ministries, branches and localities in the process of capital allocation and disbursement, closely coordinate with the Ministry of Finance and relevant agencies to promptly handle and report to competent authorities on matters beyond their authority.

The Ministries of Finance, Agriculture and Environment, Construction and relevant ministries and agencies shall proactively coordinate with central and local ministries and agencies to continue reviewing relevant legal regulations that still cause difficulties, obstacles and hindrances in the implementation and disbursement of public investment projects to proactively amend and supplement them immediately according to their authority; in cases beyond their authority, promptly report to competent authorities on plans for amendment and supplementation according to regulations in May 2025./.

According to VNA/Vietnam+

Source: https://baodanang.vn/kinhte/202505/thu-tuong-yeu-cau-day-nhanh-tien-do-phan-bo-giai-ngan-von-dau-tu-cong-2025-4006270/