At the Conference to promote public investment disbursement on May 20, Prime Minister Pham Minh Chinh requested determination to disburse 100% of public investment capital in 2025 (previous target was 95%), and considered the results of public investment disbursement as an important basis to evaluate the level of task completion and staff evaluation. If not completed, it must be reviewed and handled.
The Government has set a target of disbursing 100% of public investment capital, stemming from the fact that public investment capital in 2025 will reach a high level, and at the same time support the economy in a period of many challenges such as inflation, weak purchasing power, and unstable export markets. The Prime Minister pointed out: The rate of public investment capital disbursement will be a measure of the responsibility and management capacity of each ministry, locality and individual leader. Those who fail to complete the plan will be reviewed and their responsibilities will be seriously considered. This determination is a significant step forward in governance, demonstrating the spirit of "practice goes hand in hand" in the government apparatus.
However, to achieve the goal of 100% disbursement, it is necessary to remove inherent "bottlenecks", such as slow site clearance, complicated procedures, and inadequate compensation that have caused people to disagree... To overcome this situation, the Government has introduced many breakthrough solutions, notably the revised Law on Public Investment (No. 58/2024/QH15). This is considered a strong shift from "asking-giving" to "delegation-responsibility", paving the way for localities to be more flexible in management.
To carry out this task, right from the beginning of the year, Vinh Long province has resolutely directed and allocated capital right from the first quarter, urged the progress of each project, and assigned specific responsibilities to each investor. Along with clearly identifying public investment as "seed capital" for the local economy, the province has directed sectors, localities, and investors to focus on resolute implementation to disburse 100% of the plan.
Public investment capital not only promotes short-term growth, but also creates "leverage" for long-term sustainable development goals.
The Prime Minister noted that it is necessary to ensure the progress and quality of projects, not to exceed capital, to ensure technical, aesthetic, safety, environmental sanitation and especially to prevent corruption and negativity. The Ministry of Home Affairs and the Ministry of Finance review ministries, agencies and localities in performing the task of disbursing public investment capital, first of all, the task of disbursement in 2024 and the tasks assigned by the Government and the Prime Minister. If they have not been completed, they must be handled, considering the results of public investment disbursement as an important basis for assessing the level of task completion and evaluating officials.
TRAN PHUOC
Source: https://baovinhlong.com.vn/thoi-su/thoi-su-goc-nhin/202505/thuc-day-don-bay-tang-truong-nam-2025-8390504/
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