The Prime Minister requested a review of 29 ministries and 18 localities with disbursement below average.

On October 18, Prime Minister Pham Minh Chinh chaired the fourth national online conference on promoting public investment by 2025 with 34 provinces and cities.

Prime Minister Pham Minh Chinh chaired the meeting - Photo: VGP

In his opening speech, the Prime Minister said that 2025 is only 2 months away, so we must accelerate and make a breakthrough. The Government has set a growth target of 8% or more this year, creating momentum for double-digit growth. Therefore, one of the growth drivers is investment, including public investment; we must increase revenue and reduce regular expenditure.

Review and clearly evaluate the results of public investment disbursement

Reports show that the disbursement rate of public investment capital this term has increased significantly compared to the previous term, which is a great effort. Up to now, the disbursement of public investment capital has been well implemented, avoiding the situation of spreading, with this year's capital being 1.11 million billion VND.

Therefore, with the requirement to strive to disburse 100% of capital this year, contributing to growth, the Prime Minister hopes that all levels, sectors and localities will demonstrate a sense of responsibility towards the country, in which public investment is considered a driving force for economic growth.

In fact, by October 16, the whole country had only disbursed nearly 455,000 billion VND, reaching 50.7% of the plan - a low level compared to the requirement when it only increased by more than 14,000 billion VND compared to September 30. There are 29 ministries, central agencies, and 18 localities with disbursement rates below the national average.

Therefore, he requested the Ministry of Finance to clarify the transfer of capital from low disbursement areas to good disbursement areas. The Politburo issued regulation 366 on reviewing and evaluating, and re-ranking the quality of collectives and individuals in the political system, which includes the content of criteria for evaluating officials in the issue of disbursement of public investment capital.

Emphasizing that "each house built, each project and completed work brings joy, excitement and happiness to the people, contributing to the country's development", the Prime Minister asked delegates to focus on reviewing and evaluating the results of public investment disbursement.

Accordingly, it is necessary to promote the spirit of "talk less, do more, with specific products", ministries, branches and localities need to clarify the causes and responsibilities in public investment disbursement; problems that need to be handled, responsibility for handling at which level and which sector; avoid shifting responsibility, etc.

Prime Minister Pham Minh Chinh - Photo: VGP

New disbursement reached 50.7%, capital transferred to well-performing units

The Ministry of Finance said that the total state budget public investment plan for 2025 assigned by the Prime Minister is VND 897,253.3 billion (including: central budget capital of VND 421,526 billion and local budget capital of VND 475,727.3 billion).

The total capital allocated by ministries, central agencies and localities is 871,050.7 billion VND, reaching 97.1% of the capital plan assigned by the Prime Minister. The remaining capital that has not been allocated in detail is 26,202.6 billion VND, of 20 ministries and 26 localities, accounting for 2.9% of the state budget capital plan in 2025, of which the central budget is 26,109.8 billion VND and the local budget is 92.8 billion VND.

According to this ministry, the reason for not allocating the above capital is that: 19,086.7 billion VND has just been assigned to supplement from the source of increased revenue and savings from the central budget in 2024; 4,696.8 billion VND of the central budget capital plan for 2025 has just been transferred from ministries and localities with low disbursement to ministries and localities in need of additional capital to speed up the implementation progress.

Disbursement from the beginning of the year to the end of October 16 was over VND 454,946 billion, reaching 50.7% of the plan assigned by the Prime Minister, an increase of VND 14,544 billion compared to the disbursement amount up to the time of reporting to the Government on September 30.

By the end of October 16, there were 9 ministries, central agencies and 16 localities with disbursement rates above the national average; in addition, there were 29 ministries, central agencies and 18 localities with disbursement rates below the national average.

In order to enhance discipline, order, speed up implementation and disbursement of public investment capital, the Prime Minister issued Decision No. 2773 to adjust the central budget capital plan from ministries and localities with low disbursement to ministries and localities in need of additional capital to speed up implementation progress.

The work of perfecting institutions continues to be promoted, removing difficulties and obstacles; enhancing decentralization, decentralization, cutting and simplifying processes, procedures, records, and digitizing the entire process of approval, allocation, payment, and settlement of public investment capital.

NGOC AN

Source: https://tuoitre.vn/thu-tuong-yeu-cau-kiem-diem-29-bo-nganh-18-dia-phuong-giai-ngan-duoi-muc-trung-binh-20251018101131612.htm